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Agusto & Co. has affirmed the ‘A(IM)’ rating assigned to Chapel Hill Denham Management Limited

Rating Release

Agusto & Co. has affirmed the ‘A(IM)’ rating assigned to Chapel Hill Denham Management Limited.

The rating expires on 7 November 2020.

The rating assigned to Chapel Hill Denham Management Limited (‘CHDM’ or ‘the Manager’) reflects the Manager’s strong governance around portfolio management, well-defined and established processes for decision-making, trade execution and risk management. CHDM has also maintained a good research function, supported by well-established processes, adequate systems and qualified research analysts.

Chapel Hill Denham Management has grown capabilities in traditional and alternatives investment management. the Manager currently manages three mutual funds and the Nigeria Infrastructure Debt Fund (NIDF) – the first infrastructure debt fund in Nigeria.

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.