Island-based Capital Treasury Services, part of the Capital International Group, is celebrating after a vote of confidence from ratings agency Standard & Poor’s.
S&P assigned its AAAf fund credit quality rating and S1+, their lowest volatility rating, to the three underlying portfolios of the Capital Liquidity Account.
It’s the seventh year running the three accounts have had their fund credit quality and volatility ratings affirmed by the agency.
John Cookson, Managing Director of Capital Treasury Services, says the company is thrilled as well as proud of its staff.
Treasury minister 'hopes' businesses will pass on VAT reductions to customers
Hopes summer VAT cuts will ease cost of living pressures for families and businesses
'The TT is our crown jewel' says caterer
