Sao Paulo, March 18, 2014 -- Moody's América Latina has assigned an investment manager quality assessment of MQ2 to Daycoval Asset Management. The MQ2 assessment reflects Moody's view of the asset manager as having very good management characteristics. Daycoval Asset Management is the asset management division of Banco Daycoval (GLC Baa3, stable), offering a wide range of investment strategies including multimarket, fixed income and equity funds. As of December 31, 2013, Daycoval's assets under management totaled BRL1.8 billion (USD741 million).

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