DBRS Withdraws Ratings on Aberdeen Asset Management
Non-Bank Financial InstitutionsDBRS Ratings Limited (DBRS) has today withdrawn its ratings on Aberdeen Asset Management. The last rating action on these ratings was undertaken on 12 December, 2014, when the Issuer and Senior Debt ratings of Aberdeen Asset Management were upgraded to A (low), with a Stable trend.
Notes:
All figures in GBP unless otherwise noted.
The principal applicable methodology is Rating Companies in the Asset Management Industry and DBRS Criteria Preferred Share and Hybrid Criteria for Corporate Issuers. These can be found at: http://www.dbrs.com/about/methodologies
The sources of information used for this rating include company reports and SNL Financial. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.
DBRS does not audit the information it receives in connection with the rating process, and it does not and cannot independently verify that information in every instance.
Generally, the conditions that lead to the assignment of a Negative or Positive Trend are resolved within a twelve month period. DBRS’s outlooks and ratings are under regular surveillance.
For further information on DBRS historic default rates published by the European Securities and Markets Administration (“ESMA”) in a central repository, see:
http://cerep.esma.europa.eu/cerep-web/statistics/defaults.xhtml.
Ratings assigned by DBRS Ratings Limited are subject to EU regulations only.
Lead Analyst: Elisabeth Rudman
Rating Committee Chair: Roger Lister
Initial Rating Date: May 1, 2007
Most Recent Rating Update: December 12, 2014
DBRS Ratings Limited
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For additional information on this rating, please refer to the linking document located at: http://www.dbrs.com/research/236983/banks-and-banking-organisations-linking-document.pdf
Information regarding DBRS ratings, including definitions, policies and methodologies are available on www.dbrs.com.
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