Rating suspension for the Stewart Investors funds

As a result of further departures from the Stewart Investors Investment team we have decided to suspend our ratings on the Stewart Investors Worldwide Sustainability (Responsible A rating), Stewart Investors Indian Subcontinent Sustainability (Responsible AA rating), Stewart Investors Asia Pacific Sustainability and Stewart Investors Asia Pacific Leaders funds (both Responsible AAA rating).

This decision was driven by the news that Jonathan Asante and Tom Allen have decided to leave the group. It follows the very recent departure of Ashish Swarup, who managed the Stewart Investors Global Emerging Market Leaders fund, and left the group last month. Although a number of the team members remain in situ, and operate in a highly collegiate manner, we intend to meet with them over the coming weeks in order to gain a better understanding of their future plans. We will provide further updates in due course.