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BlackRock Liquidity Fund 'AAAm' And 'AAAf' Ratings Affirmed Following Investment Management And Rebranding Dec 09
Standard & Poors, Dec 2009
Abstract
LONDON (Standard & Poor's) Dec. 23, 2009--Standard & Poor's Ratings Services said today that it affirmed its 'AAAm' principal stability fund ratings and 'AAAf' fund credit ratings on the British pound sterling share classes, euro share classes, and U.S. dollar share classes subfunds of the Dublin-domiciled umbrella fund BlackRock Cash Selection Funds PLC, following a review of management and the investment policy of the rated subfunds. The principal stability fund ratings on the following subfunds have been affirmed: BlackRock Cash Selection Funds PLC-BlackRock Sterling Liquidity First Fund; BlackRock Cash Selection Funds PLC-BlackRock Euro Liquidity First Fund; BlackRock Cash Selection Funds PLC-BlackRock US Dollar Liquidity First Fund; BlackRock Cash Selection Funds PLC-BlackRock Sterling Liquidity Government Fund; and BlackRock Cash Selection Funds...
Companies mentioned in this report are: JPMorgan Chase & Co.,BlackRock Inc.
Action: Affirmed
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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