S&P Capital IQ closes the Fund Services business in Australia

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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 S&P Australian Fund Ratings are no longer valid, and all S&P Australian fund ratings and […]

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MLC Australian Share Fund rating unaffected following manager changes

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Standard & Poor’s Fund Services today stated that its three-star rating on the MLC Wholesale Australian Share Fund is unchanged following significant changes to the fund’s underlying manager line-up.  The number of managers is being cut from eight to three, with JCP Investment Partners (35%) the only incumbent manager to retain a mandate within the […]

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S&P places Aberdeen Capital Growth Fund ‘on hold’

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Standard & Poor’s Fund Services has today placed the Aberdeen Capital Growth Fund ‘On Hold’ following Aberdeen Capital’s announcement that this fund will change its strategy and undergo a name change.  From September 1, Aberdeen Capital will rename this fund the Aberdeen Multi-Asset Real Return Fund, and it will be managed to achieve an objective-based […]

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Listed infrastructure funds deliver on objectives, says S&P

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Standard & Poor’s Fund Services has announced the release of ratings from its 2012 listed infrastructure sector review. The 2012 sector review is our fifth review of listed infrastructure products and covers five listed-infrastructure strategies and three investment managers. S&P’s fund analyst Nathan Bode said: “In recent years, the global listed infrastructure sector has performed […]

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S&P assigns ratings on five Hunter Hall Equities Funds

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Standard & Poor’s Fund Services today removed from ‘On Hold’ and announced the ratings on five Hunter Hall-managed funds. The Australian Value Trust, Asian Value Trust, the Value Growth Trust, and the Global Ethical offerings (hedged and unhedged) were placed on hold in April 2012 after the departure of chief executive and portfolio manager David […]

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S&P releases ratings for 2012 Global Listed Property Securities Fund sector

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Standard & Poor’s Fund Services today released ratings for funds in the 2012 Global Listed Property Securities fund sector review. Peer group ratings remained relatively stable. One ‘On Hold’ rating was resolved and one fund rating outcome is pending. Five headline funds were reviewed, which included active and passive, currency hedged, and unhedged funds.   “There […]

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S&P: Alternative Equity—a viable transition for fearful cash investors

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Alternative equity strategies can deliver reliable income streams and protect capital in uncertain and volatile markets, and warrant investigation, despite the general lack of investor appetite for equity-based products. This is one of several key findings from Standard & Poor’s Fund Services’ alternative strategies – equity sector review covering beta variable, market neutral, and market […]

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S&P reinstates four-star rating on AMP Capital Listed Property Trust

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Standard & Poor’s Fund Services has removed from ‘On Hold’ and assigned its four-star rating on the AMP Capital Listed Property Trust. We placed the fund ‘On Hold’ on March 27, 2012, following AMP Capital Investor’s (AMPCI’s) and Brookfield Investment Management’s decision to unwind their joint venture, AMP Capital Brookfield. AMPCI has brought the management […]

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Advance Australian Fixed Interest Multi-Blend Fund rating unchanged

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Standard & Poor’s Fund Services today stated its rating on the Advance Australian Fixed Interest Multi-Blend Fund is not affected following the manager Advance Asset Management’s announcement of changes to the underlying managers of the fund. The change was implemented in mid-June.  Advance has stated the decision to change managers was to increase the multi-blend […]

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S&P affirms four Vanguard Australian Fixed Interest Fund Ratings

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Standard & Poor’s Fund Services has affirmed four ratings on Vanguard funds that cover passive strategies in the Australian fixed interest peer group. Three funds rated four stars are Vanguard Australian Fixed Interest Index, Vanguard Australian Government Bond Index, and the Vanguard Cash Reserve Fund. The Vanguard Cash Plus Index Fund is rated three stars.  All […]

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