Agusto & Co., Africa’s leading credit rating agency and provider of industry research and knowledge, has affirmed Coronation Asset Management Limited’s A-(IM) rating and the A+(f) rating of Coronation’s Money Market Fund.

Key to maintaining these impressive ratings are Agusto & Co’s positive view of Coronation Asset Management Limited’s risk monitoring system, qualified and experienced decision-making committees and process, and adequately documented manuals and policies. Coronation Money Market Fund’s continued low exposure to credit, liquidity and interest rate risk during the reviewed period were, on the other hand, key to the fund maintaining it’s A+(f) rating.

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