OREANDA-NEWS. Fitch Ratings has withdrawn the International Scale Asset Manager Rating, currently at 'Good Standards', for Fides Asset Management Ltda. (Fides). The Rating Outlook is Stable.

Fitch has withdrawn the rating as Fides has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the rating. Accordingly, Fitch will no longer provide rating or analytical coverage for Fides.