Lonsec downgrade, page-4

Did they notify investors the departure of the CEO? No mention in newsletters nor ASX.

interesting AFR went so far to disclose this nugget or one believes downgrade jst on workload.

While Lonsec’s rating was a shock to Forager, the firm was sent a draft report before the decision, which also cited performance-related issues, style drift, as well as fee levels. The concerns were challenged by the fund manager and were subsequently scrapped in the final published report.