Investors wary of asset managers' op risk

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LONDON - The uncertainty in the credit and structured finance markets has caused investors to look much more closely at the sophistication of the operational infrastructure within the funds or vehicles they consider investing in. In June, Fitch Ratings updated its methodology for rating asset managers to reflect the changing shape of the asset management industry due to recent market events, with the aim of placing increased emphasis on an asset manager's financial condition and business sust

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