Stat Watch: S&P upgrades Findlay Park fund

In its lastest review of US portfolios, S&P has upgraded two small and mid-cap portfolios, American ...

In its lastest review of US portfolios, S&P has upgraded two small and mid-cap portfolios, American Express US Mid & Small Cap and Findlay Park US Smaller Companies, from not classified to AA and from AA to AAA respectively. Looking at the Findlay Park vehicle, a popular fund among fund buyers in the UK market, S&P research director James Tew said the ratings agency had been impressed with the quality of the fund’s performance record. “Our high regard for the fund management skills of James Findlay and Charles Park predates this fund and the boutique company through which it is establishe...