First Asset Management secures ratings upgrade from DataPro

...Agusto & Co affirms investment strength

First Asset Management has announced an upgrade to its investment management rating by DataPro Limited, moving from ‘AA-’ to ‘AA’, alongside an affirmation of its A+(IM) rating by Agusto & Co.

The company said the improved ratings reflect its continued efforts to strengthen its investment processes, governance structure and operational systems in order to deliver better outcomes for investors.

Agusto & Co also upgraded the rating of the First Asset Money Market Fund to A+ (f), up from Aa (f), highlighting improved performance and fund management strength.

According to the firm, the ratings recognise its consistent performance record, the backing of its parent financial group and the robust systems it has put in place to manage investments responsibly.

First Asset Management noted that it has strengthened its governance and decision-making framework, with experienced professionals leading clearly defined investment and risk committees responsible for guiding portfolio strategies.

Behind the scenes, the company said its team of investment professionals continually monitor financial markets, manage risks and position portfolios to navigate market volatility while identifying potential investment opportunities.

The firm also emphasised improvements in its risk management and compliance framework, stating that its processes are designed to align with global best practices and ensure disciplined and transparent fund management.

Independent rating agencies Agusto & Co and DataPro Limited acknowledged these improvements, noting that the ratings reflect the company’s commitment to responsible asset management, strong corporate governance and operational systems that support stable long-term performance.

Beyond the ratings, the company said its focus remains on helping investors build wealth over time. First Asset Management offers a range of investment solutions designed to meet different financial goals, from entry-level investors beginning their journey to individuals seeking to grow portfolios or achieve long-term financial security.

The firm also encouraged younger investors to take advantage of long-term investment opportunities, noting that starting early allows more time for wealth creation and portfolio growth.