Following the announcement that James Sym, manager of the Schroder European Alpha Income fund, will be leaving the firm, we have decided to remove our rating.

Mr Sym will remain in place until 31st March 2020, upon when Martin Skanberg will assume portfolio management responsibilities. Given the material change in manager, and that Mr Skanberg will be following a different investment approach, we think it is prudent to remove our rating at this juncture. We wish Mr Sym the very best in the future.