Agusto & Co. hereby assigns a BBB-(IM) rating to Alpha Morgan Capital Managers Limited , with a stable outlook.
The rating expires on 1 August 2022.
Agusto & Co. hereby assigns a BBB-(IM) rating to Alpha Morgan Capital Managers Limited (‘Alpha Morgan’ or ‘the Manager’). The rating reflects the Manager’s clearly defined securities selection process and multi-layered approval and authorisations for investments. However, the rating is constrained by sub-optimal board composition, limited documentation of policies and procedures and minimal controls to manage duration risk. The rating also reflects the weak macroeconomic environment and the impact this could have on business and investment risks.