MutualFundWire.com: S&P Goes South of the Border
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Tuesday, September 26, 2000

S&P Goes South of the Border


Standard & Poor's is expanding its fund ratings and information services to Brazil, Mexico, Argentina, Chile, and Uruguay. The New York-based firm plans to rollout the new services over the next several months with coverage of management quality ratings, Select Fund ratings, and fund information services through its Standard & Poor's Micropal.

S&P already makes its Select Fund service available in Brazil through a partnership with LineInvest. It will expand this service in the Brazilian market, and broaden it to include Mexico and Argentina in 2001.

The firm will also expand its Management Quality Ratings to fixed income and balanced funds during next months in the main fund markets of Latin America. Currently S&P only offers these ratings on equity funds in those markets.

Standard & Poor's Fund Services currently has fund analysts in Mexico, Argentina, and Brazil and rates more than 160 funds in these markets. The Latin American team is also responsible for ratings in Chile and Uruguay.


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