Meanwhile, Moody's is said to be launching a rating service of its own in April, which differs from Amber in at least one respect. While Amber will either assign or not assign certification, Moody's is taking a more fine-tuned approach by assigning one of five rating levels to a fund, from "excellent" to "unrated." Both firms are leaving it up to the fund manager whether to publicize it.
Meanwhile, Moody's is said to be launching a rating service of its own in April, which differs from Amber in at least one respect. While Amber will either assign or not assign certification, Moody's is taking a more fine-tuned approach by assigning one of five rating levels to a fund, from "excellent" to "unrated." Both firms are leaving it up to the fund manager whether to publicize it.