Around 20% fall in the stock market in a single day – that’s the report for Samhallsbyggnadsbolaget I Norden AB Class B shares today, Thursday, July 14, 2022. Stocks with such loss potential can hardly promise the security to warrant an investment grade rating for the investment company holding those stocks.
“Scope affirm’s Ilija Batljan Invest AB’s issuer rating at BBB-/Stable”, this is what a Berlin rating agency called “Scope Ratings” wrote on May 4, 2022 about Ilija Batljan‘s investment company, Ilija Batljan Invest AB (IB Invest for short).
The risks were repeatedly warned of, but the rating agency persisted in maintaining an investment-grade rating.
Scope Ratings’ Weak Reasoning
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