News

Business as usual for BT despite market timing scandal

Tuesday 11th of November 2003
Research house Morningstar has downgraded BT Funds Management Australia’s funds following the “market timing” scandals surrounding its international manager Putnum.

However, the research house has no intention of changing its star ratings for BT’s New Zealand domiciled funds. Part of the reason for this is that Morningstar only does quantitative ratings in New Zealand now.

Meanwhile, local r...

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