New manager rating service from Fitch

Fitch Ratings has launched a new fund of hedge fund (FoHF) manager ratings service, designed to provide users with an independent assessment of fund of hedge fund manager capabilities. The new service will focus particularly on the specialised resources, expertise, decision-making, risk management, and portfolio management processes needed to provide effective FoHF management. The approach is founded on the framework used by the agency to rate managers in various contexts (fixed income, equities

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