S&P Provides Fund Data For Japanese Web Site

Standard & Poor's Fund Services of New York has begun providing fund data and commentary to askU.com, a Japanese website that rates and reviews Japanese investment trusts, said Sandy Braggs, executive managing director for S&P Fund Services.

S&P will track 2,000 Japanese investment trusts through Ifis Inc. of Tokyo, its Japanese subsidiary. Japanese investment trusts are similar to U.S. open-end funds, according to Braggs.

S&P acquired Ifis Inc., which collects Japanese investment trust information and produces commentary and fund ratings, a year ago.

In the past year, S&P has reached agreements with 12 other Japanese websites to provide fund data and commentary, according to Braggs.

"AskU.com is a prominent site, and we are pleased to be the source of fund information and commentary," Braggs said.

For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING