The FSA Spy market buzz – 26 July 2024
BlackRock loves manufacturing, Small cap renaissance, Entropy in markets, Silver bugs and their fanaticism, China’s windy electricity, Life in cartoon, Ancient wisdom, Advertising and much more.
Although both funds receive a neutral analyst rating, the Blackrock fund is awarded three stars by Morningstar, while the Fidelity product only has two stars on a five-star scale.
FE Fundinfo, which bases its assessment on a fund’s three-year history of delivering alpha, also favours Blackrock over Fidelity, by assigning a three crowns rating to the former and one crown to the latter.
“We have both funds’ people and process pillars rated as above average, signalling equal conviction,” said Mottola.
BlackRock loves manufacturing, Small cap renaissance, Entropy in markets, Silver bugs and their fanaticism, China’s windy electricity, Life in cartoon, Ancient wisdom, Advertising and much more.
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