Square Mile Investment Consulting & Research has added the First State Asia Focus and First State Greater China Growth funds to its Academy of Funds, awarding them both an AA-rating.
The Academy of Funds is a dedicated section within Square Mile's website, where advisers can access analysis on all recommended funds. Each fund carries a rating - A, AA, AAA, R or P+ - as a mark of quality and a reflection of the level of conviction Square Mile's team of analysts has in a fund's ability to deliver on expectations.
Commenting on the First State Asia Focus and First State Greater China Growth funds, Senior Investment Research Analyst at Square Mile, Amaya Assan, said:
"We are very pleased to introduce both of the funds into our Academy of Funds with an AA-rating. We have a high opinion of the management team, who strongly believe in the responsible stewardship of capital. We like their investment approach and philosophy, which is sensibly focused on identifying the highest quality companies with strong management teams and sound finances. We see these funds as an attractive choice for the long-term investor who is seeking either an Asian or China equity portfolio of quality businesses."
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