Rating Release
Agusto & Co. hereby affirms the A-(IM) rating assigned to First Ally Asset Management Limited
The rating expires on 30 December 2025.
Agusto & Co. hereby affirms the ‘A-(IM)’ rating assigned to First Ally Asset Management Limited (‘FAAM’ or ‘the Manager’). The rating is upheld by the Manager’s experienced decision-making committees, good risk monitoring tools, clear reporting lines and adequate segregation of duties. The rating also reflects FAAM’s membership of a growing financial services group with a track record of 10 years. However, the rating is constrained by the lean structure of the risk management and internal audit teams and the limited research capacity of the Manager.