Fund rating suspension for the JPM Unconstrained Bond fund

Following the news that long-time manager of the JPM Unconstrained Bond fund, Nick Gartside, is leaving JP Morgan, we have suspended our A rating on the fund. Co-manager, Iain Stealey, remains in place, as do the wider team who feed into this fund, and this gives us comfort. We would, however, like to meet Mr Stealey and hear what plans JP Morgan have to further strengthen the management team of this fund. We have suspended our rating whilst JP Morgan make any changes and we have a chance to assess them properly.