Moody's To Rate Managed Accounts

Nov 23 2010 | 11:57am ET

Moody's Investor Services is extending its hedge fund ratings system to one of the industry's biggest growth areas.

The ratings agency plans to begin rating managed accounts and managed account platforms. It will used the same operation quality rating methodology that it currently uses to rate the hedge funds that use its service.

"The operational risk for hedge fund shareholders and managed account holders is similar," Joanne Job, who created the rating implementation guidance for managed accounts at Moody's, said. "We therefore felt it was appropriate to use a modified version of our existing operational quality rating methodology to analyze the risk associated with managed accounts."

Last year, Moody's changed the way it rates hedge funds, grouping the ratings into five categories and offering a ratings scorecard to make its methodology clearer. The agency has been rating hedge funds for four years.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...