deVere & Partners appoints Standard & Poor's Fund Services as provider of independent fund research

Nov. 8, 2007 - PRLog -- Fund choices are the crucial element in providing clients with superior returns. Through this partnership, deVere & Partners’ financial advisers will have access to Standard & Poor’s Fund Services highly regarded independent fund research and forward looking ratings. As financial markets grow more complex, through this partnership deVere & Partners will be able to offer their clients a superior service by leveraging the in-depth global fund expertise of Standard & Poor’s Fund Services.

“Through this partnership, deVere & Partners will be working with the best fund research team in the world, and will not only be able to advise on the elite products in the marketplace, but also offer unparalleled financial advice and provide access to a first-rated fund selection,” said Nigel Green, Chief Executive Officer for the deVere & Partners Group.

Commenting on the appointment, Benjamin Bird, Head of Product Development, Standard & Poor’s Fund Services, said: “With current trends in regulation such as MIFID and increased focus on suitability of product we believe that independent fund research is a key tool for professional advisers. We are delighted to work with deVere & Partners to help them provide the best possible service to their clients.”
       
deVere is proud and confident in the knowledge that both companies share the vision and the value of independent third-party research to support clients' investment choices.

About deVere & Partners:
The deVere & Partners Group has over 350 expert Financial Advisers in more than 40 countries. The deVere businesses collectively service more than 40,000 Clients in 109 countries, with in excess of $6 billion of funds under administration and management.
For more information, visit http://www.devereandpartners.com

About Standard & Poor's Fund Services:

Standard & Poor's Fund Services is the world's leading provider of qualitative, forward-looking fund research, including fund management ratings on over 2,200 funds worldwide. These ratings - unlike past performance rankings - are based on in-depth analysis of the stability of a fund's parent group, the appropriateness of its investment policy, and the sustainability of its performance. They are continuously monitored and updated reports are posted to http://www.funds.standardandpoors.com  

Funds rated in the AAA to A categories demonstrate to Standard & Poor's Fund Services an ability to provide above average returns over a long-term period (relative to funds in the same sector) along with a strong ability to adhere to a consistent investment process. The differentiation in the rating categories is based on the consistency of a fund's performance relative to its own objectives along with Standard & Poor's assessment of the investment process and management. The rating is based on an evaluation of qualitative (management, investment process, and organisation) and quantitative (historic performance, portfolio construction, and volatility) factors, which contribute to long-term performance. The rating does not address the market, credit or counterparty risk of a fund, nor a fund's suitability as a counterparty or obligor.

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deVere & Partners offers offshore and tax-free investment services (from fund and portfolio management to personal financial planning) to international investors and expatriates worldwide.

Website: www.devereandpartners.com