Evergreen founder, Angela Ashton said that in recent months she had witnessed behaviour that some people might describe as “unethical”.
“What I am finding is that they are doing what they can to grow market share in a market which has decreased in size with the exit of the major banks,” she said.
SQM Research founder, Louis Christopher said that he had observed competitive pressure in a market that was already price-sensitive and in circumstances where few of the ratings houses could be said to cover the whole market.
“The research landscape has changed dramatically,” he said.
A senior licensee executive told