there was some interesting comments made by morning star in the news today.
if you didnt know magellan has fallen to three stars rating. not exactly five stars anymore.
anyways this was the comment . . .
“The confluence of business issues is an unwelcome distraction, particularly given recent performance challenges. We will be undertaking a comprehensive parent review as part of our annual review of the investment strategies in the first quarter 2022.”
thinking about how the "amber" signal at st james played out. this annual review by morningstar could be pre-empt some downgrades by morning star.
Ann: Funds Under Management - December 2021, page-38
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