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Agusto & Co. assigns a BBB-(IM) rating to AVA Global Asset Managers Limited

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.

This Rating Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The rating release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Agusto & Co.