Morningstar resumes coverage of H20 fund, but with lower ‘neutral’ rating
Morningstar's concerns are focused on H2O's holdings in debt issues from private companies linked to German entrepreneur Lars Windhorst
27 June 2019 - 17:05
Paris — Morningstar resumed coverage of Natixis bank's troubled H20 Allegro fund on Thursday, after suspending it last week, but said it still had concerns about governance issues.
The fund, managed by Natixis's H20 asset management arm, saw heavy outflows of client cash after Morningstar put its rating on the fund under review last Wednesday, citing concerns over liquidity and governance...
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