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<a href="http://www.accessmylibrary.com/article-1G1-188539371/bonham-carter-and-brough.html" title="Facts and information about Bonham Carter and Brough fall in ratings.(Edward Bonham Carter's Jupiter Asset Management Ltd.)(Schroders PLC's Andy Brough)(Brief article)">Bonham Carter and Brough fall in ratings.(Edward Bonham Carter's Jupiter Asset Management Ltd.)(Schroders PLC's Andy Brough)(Brief article)</a>
Bonham Carter and Brough fall in ratings.(Edward Bonham Carter's Jupiter Asset Management Ltd.)(Schroders PLC's Andy Brough)(Brief article)
Money Marketing
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November 06, 2008 |
COPYRIGHT 2009 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Bestinvest has dropped its ratings on Jupiter chief executive Edward Bonham Carter's undervalued assets fund and Schroders UK mid 250 fund run by Andy Brough.
The company has pointed to Bonham Carter's failure to outperform in four of the past five years, as well as his high conviction on financial stocks - despite going against the views of their internal specialist - proving to be a poor decision.
Bestinvest research analyst Marcel Porcheron says: "We are also concerned that his operational management duties at Jupiter have detracted from his day to day management duties."
Bonham Carter's fund is third quartile in the IMA UK all companies …
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Source: HighBeam Research, Bonham Carter and Brough fall in ratings.(Edward Bonham Carter's...