S&P ratings unaffected by returns

Professional Adviser
clock

Portfolio returns have no direct impact on Standard & Poor's fund ratings under the agency's fully q...

Portfolio returns have no direct impact on Standard & Poor's fund ratings under the agency's fully qualitative judging system put in place from 1 August 2003. The initial quantitative screen will remain to identify funds worthy of further analysis and manager interview, but performance numbers will no longer influence a fund's actual S&P rating. S&P's qualitative analysis focuses on factors such as a fund's management, corporate status and investment process, all of which it believes can contribute to long-term outperformance. S&P's head of fund ratings for Europe, James Tew, said...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •