The downgraded outlook reflects a change in Fitch's view on BTG's acquisition of BSI, a private bank headquartered in Switzerland, due to the significant deterioration in Brazil's operating environment.
Fitch affirms Sura Asset Management at BBB+
April 1, 2015 by
SUAM's ratings reflect its strong credit profile based on its leading regional franchise, consistent performance, strong operating environment, diversified, stable earnings, sound leverage and debt service ratios, ample expertise and sound risk management, said Fitch.
Fitch affirms HSBC Gestão and multimanager unit at ‘Highest Standards’
November 19, 2014 by
Fitch believes that HSBC Gestão's main challenge is to increase participation in higher value-added funds in the face of strong competition, to improve performance of its funds and grow its AUM in an increasingly challenging environment.
Fitch assigns Bci Asset Management highest standards rating
August 15, 2014 by
The rating reflects Fitch's view that the company's investment platform and operating framework are superior relative to the standards applied by global institutional investors.
Fitch affirms ARX Investimentos rating at highest standards
July 28, 2014 by
ARX's 'Highest Standards' ratings reflects Fitch's opinion that the company's investment platform and operating framework are superior relative to the standards applied by institutional investors in international markets.
Fitch assigns a BBB+ rating to Sura Asset Management
April 2, 2014 by
SURA has a leading franchise in the mandatory pension fund business. With presence in six markets, a 23% regional market share, a customer base of over 16 million people and USD 113 billion of assets under management is the only mandatory pension fund manager with presence in the region’s top four markets (Mexico, Chile, Colombia and Peru).
