CT UK Social Bond - Rating Retained
Despite the recently announced departure of Ben Kelly, deputy co-portfolio manager of the fund, we have retained the CT UK Social Bond fund’s Responsible A rating.
Tammie Tang remains the fund’s lead manager, with Andrew Brown joining Andrew Dewar as a deputy co-portfolio manager. The team continues to be ably supported by Letty Byatt, dedicated Social Bond analyst, as well as 18 investment grade analysts. In addition, Ms Tang and her supporting team continue to draw on the expertise of a 40+ specialist responsible investment team.
We have no concerns regarding this change and maintain the fund’s rating within our Academy of Funds.