forsyth partners to rate funds every three months and provide A, AA or AAA awards
Schroders and Aberdeen are among the fund groups backing a rival ratings service to S&P Fund Research, due for launch on 1 February. The service, which will rate funds A, AA and AAA, is being run by multi-manager specialists Forsyth Partners in conjunction with Old Broad Street Research (OBSR). Invesco Perpetual, Gartmore, M&G and Hendersons are among the other groups which are to support the new ratings system. It is based on Forsyth's own largely offshore funds ratings service which the group sells to private banks, asset managers and stock brokers. Unlike S&P, it updates its ...
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