Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Santander Asset Management Investment Holdings Ltd

Santander Asset Management Investment Holdings Ltd

Published Jan 08, 2014

4252 words — Published Jan 08, 2014

Price US$ 500.00 | Buy this Report Now

About This Report

Abstract:

Strong position in the company's core Iberian and Latin American markets. Exclusive long-term distribution agreement with Banco Santander. Conservative mix of assets under management with a focus on fixed income and money markets. High balance sheet leverage and weak debt service metrics. Modest profitability relative to peers. Relatively weaker franchise in the institutional client segment. Absence of governance and management track record as an independent entity under joint ownership. Santander Asset Management Investment Holdings Ltd. (the company) is a newly formed non-operating holding company consolidating the asset management subsidiaries of Banco Santander S.A. into a separate entity. The ratings on the company are based on the 'bb' group credit profile (GCP) of the operating entities that comprise Santander Asset Management

Brief Excerpt:

RESEARCH Santander Asset Management Investment Holdings Ltd Publication date: 08-Jan-2014 Primary Credit Analyst: Dhruv Roy, London (44) 20-7176-6709; dhruv.roy@standardandpoors.com Secondary Contact: Elena Iparraguirre, Madrid (34)...

Report Type:

Full Report

Issuer

Santander Asset Management Investment Holdings Ltd

Sector

Global Issuers, Public Finance, Structured Finance

Region

Europe, Middle East, Africa

Format:

PDF

Santander Asset Management Investment Holdings Ltd – 2015/02/26 – US$ 500.00

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Research Update: Santander Asset Management 'BB' Long-Term Rating On Watch Negative Following Merger Agreement With Pioneer Investments – 2015/04/27 – US$ 225.00

Research Update: Santander Asset Management 'BB' Long-Term Rating Still On Watch Negative Pending Finalization Of Transaction Structure – 2015/08/04 – US$ 225.00

Research Update: Santander Asset Management 'BB' Long-Term Rating Still On Watch Negative Pending Finalization Of Transaction Structure – 2015/11/10 – US$ 225.00

Summary: Santander Asset Management Investment Holdings Ltd – 2014/01/08 – US$ 225.00

Santander Asset Management Investment Holdings Limited Assigned 'BB' Ratings; Outlook Stable – 2013/11/11 – US$ 150.00

Research Update: Santander Asset Management Investment Holdings Limited Assigned 'BB' Ratings; Outlook Stable – 2013/11/11 – US$ 225.00

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Santander Asset Management Investment Holdings Ltd" Jan 08, 2014. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Santander-Asset-Management-Investment-Holdings-Ltd-1237549>

APA:	S&P Global Ratings’ Credit Research. (). Santander Asset Management Investment Holdings Ltd Jan 08, 2014. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Santander-Asset-Management-Investment-Holdings-Ltd-1237549>

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