S&P Capital IQ, a leading provider of multi-asset class data, research, and analytics, today closed its S&P Fund Services business, including the Australian Funds Research and Wealth Management Services business lines operating locally, and withdrew its ratings on all funds.
S&P Australian Fund Ratings are no longer valid, and all S&P Australian fund ratings and reports cannot be relied upon, effective immediately.
“We have appreciated our clients’ support throughout the wind down of the Fund Services business and we’d like to thank all of our clients for their business and support over the past seven-plus years,” said S&P Head of Research, Fund Services, Leanne Milton.
This action does not affect other products or services offered by S&P Capital IQ or its sister brands, S&P Dow Jones Indices and Standard & Poor’s Ratings Services.
All three brands remain committed to the Australian market. S&P Capital IQ will concentrate local resources on serving Australian institutional clients with a suite of domestic and global multi-asset class data, research, and analytics, delivered through integrated desktop and enterprise solutions.
