Schroders Asset Management has topped a list of more than 50 major managers active in Asia on fiduciary risk control, FinanceAsia has learned.
Swiss-based rating agency RCP Partners rated Schroders AA2 on overall organizational risk and investment performance risk controls - just two grades below the highest rating of AAA, which no manager has been able to achieve.
Only 35 of the managers were publicly rated, and of this number only Schroders and Indocam were graded as 'very good'. The rest were ranked 'good'. The rating agency did not disclose the number of managers falling below the scale.
RCP Partners gave the managers a fiduciary risk rating based on...