What made the news on 1 February 1999
S&P rating service planned for bond funds Standard and Poor's Fund Research was planning to introduce a credit rating service for UK fixed interest unit trusts to be used in tandem with its qualitative and performance rating system. The credit rating focused on the underlying assets of a product. Performance would not determine the fund rating but the way the fund was managed and the resources behind the manager. Friends Provident specialist IFA team Ivory & Sime TrustLink was restructured as a specialist IFA sales team for all the Friends Provident group's retail investment products. ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
