Scope Ratings has updated its Asset Portfolio Rating Methodology. Scope does not expect its existing asset portfolio ratings to be affected.

The main update concerns the assessment of the asset manager’s quality (section 4.3.4 of the methodology), which now follows the principles of our CLO Rating Methodology and related considerations for assessing the asset manager´s quality.

Scope’s Asset Portfolio Rating Methodology should be read in combination with the General Structured Finance Rating Methodology, the General Project Finance Rating Methodology and the Counterparty Risk Methodology, along with complimentary asset-class-specific methodologies.

Asset portfolio ratings are an ancillary service and as such are not supervised or monitored by the European Securities and Markets Authority.

Download the update here or on www.scoperatings.com.