S&P Capital IQ Fund Research has prepared users for the possibility the business will be wound up at the end of Q1, presenting an opportunity for others in the space.
Parent company S&P Capital IQ said last year it was exploring “strategic alternatives” for the business, but as yet no alternatives, ie buyers, have been found. The other alternative – a closure – would mark an ignoble end for the business, one of the first to provide a grading service for UK retail and institutional funds. This development could be seen as a surprise, given the research sector as a whole is seemingly on the upturn. Launches are in the works from fund boutique City Financial, OBSR founder Richard Romer-Lee’s Square Mile Investment Research, and FundCalibre – a join...
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