News Flash- Standard & Poor's, Prima To Evaluate, Rank SMAs

Standard & Poor's last week introduced the separately managed account (SMA) Evaluator, a joint venture with tech company Prima Capital that will act similarly to S&P's mutual fund research tools.

Calling its new product a desktop workstation, S&P said it would evaluate more than 250 SMA money managers and 500 investment programs by providing risk analyses, firm overviews and analysis of investment styles.

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