Rating Release
Agusto & Co. hereby affirms the BBB(IM) rating assigned to Norrenberger Asset Management Limited (“NAML” or “the Manager”).
The rating expires on 12 November 2025.
Agusto & Co. hereby affirms the ‘BBB(IM)’ rating assigned to Norrenberger Asset Management Limited (‘NAML’ or ‘the Manager’). The rating reflects the Manager’s experienced decision-making committees, good research output, growing adoption of technology in the operational processes and the expansion of internal capacity to meet the growing asset under management (AuM). However, the rating is constrained by the frequent changes in the head of risk management. We have also taken into consideration the growing uncertainty in the macroeconomic environment, which has the potential to heighten investment and business risks.
