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Agusto & Co. has affirmed the ‘AA(IM)’ rating assigned to ARM Investment Managers Limited

RATING RELEASE

 Agusto & Co. has affirmed the ‘AA(IM)’ rating assigned to ARM Investment Managers Limited.

 The rating expires in March 2020

The rating assigned to ARM Investment Managers Limited (‘ARM IM’ or ‘the Manager’) reflects the Manager’s very good investment and risk management capabilities. The rating also reflects the wealth of experience and qualifications of the decision-making committees, established process for trade execution and an active operational risk oversight.

The erstwhile Managing Director (MD) exited the Manager during the review period, and was replaced by an interim MD. Whilst we recognise that the Manager has built an adequate succession plan to limit the impact of these departures on business operations, we believe retaining key talents is integral to maintaining stability at the helm of the Manager and should be a top priority at ARM IM.

ARM IM’s strategy in 2019 is to continue to invest in people development through frequent training programs as well as leveraging Information Technology (IT) to improve product offerings.

 

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.

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.