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BlackRock decides not to have fund re-rated

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By Vishal Teckchandani
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1 minute read

Research house Standard & Poor's (S&P) has withdrawn its three-star rating of the BlackRock WS Property Securities Fund (Aust) (Class D), following BlackRock Investment Management Australia's decision not to have the fund re-rated.

 The rating was assigned on 16 April, replacing an on-hold rating given on 26 November 2008 when BlackRock announced the fund's real estate investment trust analysts, Paul Juniper and Richard Fakhry, were departing.