Moroccan investor keeps rating

A Morocco-based investor’s national investment management quality rating (IMQR) has been kept at Excellent(mar), with a stable outlook by Fitch Ratings.

The rating agency has affirmed CDG Capital – Gestion sous Mandat des Fonds Institutionnels (CK-GSMFI) on its robust investment and risk management processes.

CK-GSMFI is the investment arm of CDG Capital, a Morroco-based financial services company.

The investor had approximately $18.4 billion (MAD167 billion) in assets under management, as of September 2020.

See issuer profile here