BusinessWeek Online Launches S&P Fund Management Rating

April 25, 2003 ( - BusinessWeek Online will be launching a new "Screening & Research Tool" for European and Offshore domiciled funds with a Standard & Poor's Fund Management Rating.

The tool, which launched Friday, evaluates past performance by running funds through a performance screen, favoring performance consistency. From there, the top 20% of funds in a peer group qualify for a further stage of qualitative assessment, culminating into a Standard & Poor’s Opinion and a report on each rated fund, according to a news release.

Also provided in the services is:

  • access to S&P’s Rated Fund universe of 1,160 funds (Ex USA)
  • access to S&P’s Fund Management Ratings Reports containing analyst opinions, fund ratings, performance reviews, portfolio holdings, team and portfolio manager backgrounds, and investment style
  • access to S&P’s Group Profiles on 118 fund management groups
  • access to S&P’s electronic Guide to Ratings
  • a Quick Search function to go direct to a Fund Report
  • select a Fund Group to view ratings and research details on their funds
  • screen universe of S&P’s Rated funds (Ex USA)
  • list of European countries in which a fund is ‘Registered for Sale’

The service will be available through the  and  Web sites via the “Investing” channel under “Funds.”