Bangkok--28 Mar--Fitch Ratings
Fitch Ratings (Thailand) Limited has converted Thailand-based SCB Asset Management Co., Ltd's (SCBAM) National Asset Manager Rating to 'Excellent(tha)' after applying the rating scale set out in its new Investment Management Quality Rating Criteria.
The new National Investment Management Quality rating corresponds to the equivalent rating level of 'Highest Standards(tha)' under the precursor criteria and rating scale. The Outlook remains Stable.
RATING SENSITIVITIES
The rating is sensitive to adverse changes to any of the following five key pillars: investment process; investment resources; risk management; investment performance and the company's performance, including client servicing. Any negative change in the score assigned to one or more pillars could lower the rating.