S&P Capital IQ today announced that it has concluded an internal review of its product portfolio and is pursuing strategic alternatives for its Fund Research business, previously known as Funds Management Research or FMR.
To maximize value, the firm will explore a full range of alternatives for the business. During the process, the firm will continue to run its Fund Research business and fully support ongoing client activities.
The S&P Capital IQ Fund Research business is an independent, qualitative research service that provides assessments of fund manager investment process and operational consistency. Since its inception in 1990, the Fund Research team has assessed thousands of individual long-only equity, fixed-income funds, specialist funds and alternatives including funds-of-funds, hedge funds, absolute return and Ucits funds.
Following the internal review, S&P Capital IQ has also reaffirmed its ongoing commitment to its existing equity and fixed-income research, analytics, data and desktop solutions businesses.