Ausbil Dexia cancels S&P rating on Sustainable Global Equity Fund
Standard & Poor's Fund Services today withdrew its rating on the Dexia Sustainable Global Equity Fund from its International Equities — Large Cap Quantitative peer group at the request of the manager, Ausbil Dexia.
Ausbil Dexia said the fund was still open for investment.
Quantitative models for the fund are being enhanced in a staged process that will be completed in 2010, according to Ausbil Dexia investment specialist Andrew Hay. He added that the fund would be looked at again in 2011.
Recommended for you
The Financial Advice Association Australia and Financial Services Council have reiterated their calls for change to the CSLR after the latest levy estimate shows its reaching $137 million.
AMP has appointed a former funds management chief to a newly-created role of director for platform growth and wealth distribution.
Centrepoint Alliance has detailed how the firm is pivoting beyond licensee services in a bid to diversify the business and reshape its earnings mix as its share price lags licensee peers.
JANA Investment Advisers has enacted multiple internal promotions across its advisory, research and investment teams following a round of head appointments last month.

