SulAmerica Investimentos Gets Standard & Poor's Top Rating
Published In: Brazil, Business 
Monday, July 13, 2009 5:12 PM
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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.


SOURCE SulAmerica Investimentos


 
Monday, July 13, 2009 5:12 PM

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