Compliance can restore confidence in US mutuals, says Fitch Ratings

Regulatory Update

In a report released in December 2003, Fitch Ratings says reputation risk and its influence on fund flows has become more of a dominant factor in the asset management industry -- depending on depth and breadth of the charges levelled against an adviser. The report says a firm’s earnings would be negatively impacted by redemptions, regulatory penalties and litigation costs, all of which would likely hit fund company earnings.

Morningstar, a rating agency for mutual funds, has already named fi

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: