In the latest Morningstar updates, the BlackRock Sustainable Energy Fund was upgraded to Silver from Bronze, reflecting confidence in its management team and investment process. JPMorgan and T. Rowe Price equity funds also received upgrades. However, euro inflation-linked bond ETFs from Amundi, iShares, and Vanguard faced downgrades due to concerns around duration risk.

The BlackRock Sustainable Energy Fund benefits from a seasoned management team, leading to an upgrade in the People Pillar rating. The team’s stability, research resources, and balanced investment process earned the fund an Above Average Process Pillar rating. Lead manager Alastair Bishop brings deep sustainable-energy expertise to the strategy, resulting in a defensive portfolio relative to peers.

JPMorgan US Growth C Acc USD saw an upgrade to Silver from Neutral, thanks to the leadership of Giri Devulapally. With over 21 years of experience, Devulapally focuses on companies with competitive advantages and margin-expansion opportunities. His team’s approach combines fundamental research with momentum trading to find long-term winners while managing downside risk effectively.

T. Rowe Price Global Technology Equity Q EUR 1 also received an upgrade in the People Pillar rating to Above Average from Average. Manager Dominic Rizzo’s expertise in the technology sector and clear investment framework have reshaped the portfolio towards higher-quality mega-caps and broadened international exposure. Rizzo’s approach has outperformed benchmarks and peers, showcasing the strategy’s effectiveness.

On the downside, euro inflation-linked bond ETFs from Amundi, iShares, and Vanguard were downgraded due to concerns about their inability to modulate duration, resulting in changes to their Medalist Ratings. Despite these changes, passive options for euro-denominated portfolios remain valuable for investors seeking a core building block in their portfolios.

Read more at Morningstar: Why We Upgraded This BlackRock Sustainable Energy Fund