16-05-2017
MARC assigns Investment Manager Rating Of IMR-2 To KIB & KIIB.
Malaysian Rating Corporation Berhad (MARC) has assigned an investment manager rating of IMR-2 to Kenanga Investors Berhad (KIB) and to KIB’s wholly-owned subsidiary Kenanga Islamic Investors Berhad (KIIB). This is the first rating announced by MARC under its investment manager rating (IMR) methodology.
The IMR assesses investment processes and risk management practices in relation to the size and complexity of investment management activities as well as the investment manager’s vulnerability to financial or operational failure.The rating on KIB reflects its well-established investment process, strong risk management practice and operating track record.