Rating Release
Agusto & Co. assigns a BBB-(IM) rating to AVA Global Asset Managers Limited (AVA GAM or ‘the Manager’).
The rating expires on 9 February 2022.
The assigned rating reflects the Manager’s multilayered oversight structure, a good process for generating timely research output, as well as having skilled and qualified decision-making committees. The rating is however constrained by AVA GAM’s limited operational track of two years and inadequate segregation of duties across key functions.