Rating Release
Agusto & Co. hereby affirms the A+(IM) rating assigned to United Capital Asset Management Limited
The rating expires on 17 December 2026
Agusto & Co. hereby affirms the A+(IM) rating assigned to United Capital Asset Management Limited (‘UCAML’ or ‘the Manager’). The rating is upheld by UCAML’s conservative investment risk management practices and adequately experienced decision-making committees. The rating also reflects the Manager’s good operational track and membership of an established financial services group. However, the rating is constrained by frequent changes in the composition of key teams, which has the potential to adversely affect strategy implementation. We have also taken into consideration the growing uncertainty in the macroeconomic environment, which has the potential to heighten investment and business risks.