Sao Paulo, July 17, 2014 -- Moody's América Latina has affirmed the MQ2 Investment Manager Quality assessment of GAP Prudential LT Gestão de Recursos Ltda. (GAP Prudential). The MQ2 assessment reflects Moody's view of the asset manager as having very good management characteristics. As of December 31, 2013, GAP Prudential's assets under management totaled BRL7.2 billion (USD3.1 billion). GAP Prudential is a result of the strategic partnership established between GAP Asset Management and Prudential Financial Inc. (Baa1, stable). GAP Prudential is an independent asset manager in Brazil focused on long-term performance and capital preservation.
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