Agusto & Co. hereby assigns a BBB-(IM) rating to Alpha Morgan Capital Managers Limited

Agusto & Co. hereby assigns a BBB-(IM) rating to Alpha Morgan Capital Managers Limited

Rating Release

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.

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.

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