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Alpha Morgan Capital gets ‘A’ rating from DataPro

Alpha Morgan Capital gets ‘A’ rating from DataPro

Alpha Morgan Capital, an asset management firm, has received an A1 rating for the short term and an A rating for the long term, ratings by DataPro, a rating agency.

The ‘A’ long-term rating indicates low risk, underscoring the company’s remarkable financial strength, notable operating performance, and rising business profile, according to a statement.

“The ‘A1’ short-term rating indicates good credit quality with a satisfactory capacity for timely payment of financial obligations which demonstrates the company’s strong ability to meet its ongoing commitments,” the statement said.

It said the rating considered all relevant qualitative and quantitative factors to arrive at the assigned risk indicator.

“Qualitative information used was based on industry and market intelligence, including public information, while quantitative data was obtained from the company’s audited and management accounts,” the rating agency stated.

It added that the assessment included an evaluation of the company’s capitalisation, earnings profile, liquidity, corporate governance, regulatory compliance, and sustainability of its current healthy profile in the medium to long term.

DataPro stated that overall, the robust revenue profile, experienced management team, strong corporate governance, and favorable liquidity profile were observed for Alpha Morgan Capital.

Alpha Morgan Capital is licensed by the Securities and Exchange Commission (SEC) as a fund/portfolio manager. The company is a member of the Alpha Morgan Capital Group, which includes Alpha Morgan Capital Advisory Partners Limited and Mainstreet Bank Securities Limited (MBSL).

Alpha Morgan Capital’s product offerings include Fixed Rate Investments, Real Estate Investments, and Mutual Funds. The company launched a Balanced Fund in July 2023 and plans to introduce a Dollar Fund in 2024.