SAO PAULO, July 13 /PRNewswire-FirstCall/ -- Standard & Poor's announced that it rated SulAmerica Investimentos as AMP-1, considered very strong. The assessment refers to SulAmerica Investimentos' management practices of third party assets -- AMP - Asset Management Practices -- which reflect the high- quality business profile of the company and the benefits of belonging to Grupo SulAmerica.
Other features that took the company to this level are the diversified portfolio, the range of products, the several appropriate practices for operations and controls, the expertise of its board, the disciplined administration processes for investments and the fine fiduciary principles.
SulAmerica Investimentos becomes the only independent manager in the Brazilian market to get S&P top classification. "SulAmerica Investimentos has always pursued excellence in the management of resources, in principles of good governance, and in risk control and compliance. To be the only independent S&P top ranked manager is the acknowledgement that we are on the right track," states SulAmerica Investimentos vice president, Marcelo Mello.
Standard & Poor's Classification of Third Party Asset Management Practices is an opinion on the general quality of a third party asset administration company, and it focuses on administrative characteristics and operational procedures. AMP was created to complement the existing investment funds and credit risk ratings.
In addition to a different concept from all other Standard & Poor's ratings, the Classification of Third Party Asset Management Practices has its own representation, ranging from AMP-1 (top classification) to AMP-5 (lowest classification). All classifications are in relation to other third party asset management companies that operate in Brazil.
About SulAmerica Investimentos
SulAmerica Investimentos is Grupo SulAmerica's business unit specializing in managing third party assets. Founded in 1996, the institution has increasingly been gaining a solid position among the External Distributors, Institutional Investors (Insurance and Pension Funds), Large Companies and Private Customer segments.
SulAmerica Investimentos
CONTACT: SulAmerica - Press Relations Superintendence, Solange Guimaraes
or Daniela Campos, +011-55-11-3779-7614, +011-55-11-3779-5045,
imprensa@sulamerica.com.br; or Andreoli MSL, +011-55-11-3169-9312,
gustavo.graca@br.mslworldwide.com
Web site: http://www.sulamerica.com.br/
