ICT Spend Predictions in Medium-sized German Educational Institutions - Estimated ICT budget breakdowns in 2013
- Language: English
- Published: May 2013
- Region: Germany
LONDON (Standard & Poor's) March 4, 2011--Standard & Poor's Ratings Services said today that it assigned its principal stability fund rating of 'AAAm' to MEAG Queen Street II (the fund). The fund was created as a special fund (Spezialfonds) under German investment law, i.e., as a vehicle dedicated exclusively to a single institutional investor. "The 'AAAm' rating reflects our view that the fund has a strong capacity to maintain principal stability and to limit exposure to principal losses caused by credit risks," said Standard & Poor's credit analyst Andrew Paranthoiene. We understand that the asset managers' strategy will be to invest exclusively in securities and counterparties with a Standard & Poor's rating of at least 'A-1', or which we deem...
Companies mentioned in this report are: Munich Reinsurance Co.
Action: New Rating
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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Munich Reinsurance Co.