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Bondwatch notes Nationwide's upgrade
Thursday 29th of June 2006
The company has moved from a G6 rating to G5 minus. What is unusual is that Bondwatch’s public ratings don’t normally carry a plus or minus assignation.Grosvenor chief investment officer David Beattie says that Nationwide has been on the cusp of an upgrade for some time.
Beattie says some advisers set minimum ratings on finance companies when they build portfolios. For instance a rule may...
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