In July 2024, Fitch Ratings confirmed BMCE Capital Gestion’s national investment management quality rating (IMQR) at ‘Excellent (mar)’ with a Stable Outlook. This rating underscores the firm’s overall stability and its continued excellence in managing investments within the Moroccan market.
The affirmation of this rating highlights the consistent and disciplined investment process at BMCE Capital Gestion. The firm’s integrated and automated investment resources play a crucial role in maintaining its top-tier status. Additionally, BMCE Capital Gestion’s robust risk management framework, which includes daily monitoring and controls, is a significant factor in its high rating.
BMCE Capital Gestion stands as the third-largest asset manager in Morocco, based on assets under management as of April 2024. The company benefits from strong strategic support from its parent company, Bank of Africa (rated BB/Stable by Fitch).
BMCE Capital Gestion achieved an ‘Excellent’ score in several key categories that contributed to its overall rating:
- Investment process: Excellent
- Investment resources: Excellent
- Risk management: Excellent
- Company and client service: Excellent
- Investment performance: Consistent
These ratings reflect the firm’s unwavering commitment to maintaining high standards across all aspects of its operations, ensuring stability and confidence for its clients.
