S&P awards AAA rating to Atlantis small cap fund

Ratings agency Standard & Poor’s (S&P) has given its first AAA grade to a Korean fund, awarding the top rating to the Atlantis Korean Smaller Companies Fund.

The fund is now one of only four AAA rated funds in S&P’s Emerging Markets Asia book.

Managed by Peter Irving and launched in 1995, the fund has risen 43.1% over the past five years – overwhelmingly outperforming both the sector average and index, both of which have fallen by 46.2% and 65.3% respectively.

The fund has ranked first in its universe over both five and three years.

S&P comments: “Irving has established an impressive track record.
“ Strong stock selection skills and effective use of the flexibility afforded him are evident in his use, for example, of convertible bonds, currency hedging and gearing.”

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2511

    Asset class: Commodities.
    Asset region: Global.
    Size: $10m.
    Closing date: 2019-02-25.

Begin Your Search Here