Previously known as Fund Management Research or FMR, this part of the business – formed in 1990 – is an independent, qualitative research service that provides assessments of fund manager investment process and operational consistency.
Its remit looks across long-only equity, fixed income funds, specialist funds and alternatives including fund of funds, hedge funds, absolute return and Ucits vehicles.
The firm said: “To maximize value, the firm will explore a full range of alternatives for the business. During the process, the firm will continue to run its Fund Research business and fully support ongoing client activities.”
In a busy summer for the business, S&P Capital IQ recently launched Portfolio Risk solution, an advanced risk and scenario analytics tool that provides traders, portfolio and risk managers with the ability to make decisions about the pricing, hedging and capital management of multi-asset class portfolios in real-time.
Fund numbers in Europe decreased by 425 in the second quarter of this year, down from a 458 reduction in the same period last year, according to Lipper’s FundMarket Insight Report.
