Fitch Ratings confirmed last July the national Investment Management Quality Rating (IMQR) of BMCE Capital Gestion (BKG) at “Excellent (mar)” with a Stable outlook.
“This confirmation reflects the overall stability of BMCE Capital Gestion’s profile. The rating is mainly driven by the company’s disciplined investment process and its highly integrated and automated investment resources,” said a BKG statement.
The rating also takes into account the robust risk management framework with daily controls, said the same source, recalling that BMCE Capital Gestion is the third largest asset manager in terms of assets under management on the Moroccan market (ranking based on net market assets as of April 26, 2024).
BKG benefits from the strategic support of its parent company, Bank of Africa (BB/Stable).
BKG is a management company of collective investment schemes in transferable securities (UCITS) under Moroccan law subject to the control of the Moroccan Capital Market Authority (AMMC). It offers a diversified range of UCITS and supports its institutional, corporate and individual clients in their investment choices.
LNT with CdP
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– 2024-09-04 15:40:10
