The rating of AM2 has been assigned to the National Investment Trust Limited (NIT) by the JCR-VIS credit rating company, says a press release. The Management Quality Rating of AM2 denotes high management quality, showing the company's strong capacity to manage the risk inherent in asset management and that the asset manager meets high investment management industry standards and benchmarks.
The ratings derive strength from the performance of funds under management over the last two years and also take into account the strong franchise of the management company.-PR