Gosling's Grouse: Know your ratings

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When Investment Week started life in 1995, the world of fund and product ratings was rather more modest in size than it is currently.

The life, pensions, and protection side was covered off by The Research Department, which these days operates under the name Defaqto, and the investment side was covered by Fund Research, long-since subsumed into Standard & Poor’s and now closed down in the UK. Of course, Moneyfacts existed back then, and thankfully still does, but it was more about mortgage best-buy tables than ratings. Fast forward 20 years and the funds market in itself has spawned an industry of huge importance, but I wonder whether it is in danger of going too far. It is great to see the structured products in...

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