fitch

Funds management

Outlook for global financial institutions starts to stablise

Near-term risks are easing for financial institutions but downside risks remain, according to Fitch Ratings, which changed 20% of its outlook ratings from ‘negative’ to ‘...

Funds management

Fund conversions see green bond assets pass $22b

Global assets in green bonds reached €13.8 billion at the end of the first half of 2020 after seeing 30% growth, according to Fitch Ratings....

Funds management

Expect further action from China over tariffs: Fitch

China’s decision to impose tariffs on Australian barley could lead to a deterioration in Australian/China relations, specifically for coal-exporting companies....

Financial planning

Major banks cop COVID-19 ratings downgrade

The likelihood that businesses won’t restart and customers won’t be able to start paying down their mortgages have been factors in ratings house Fitch downgrading Westpac...

Funds management

COVID-19 to challenge underlying assets in Asia Pacific

The outbreak of the COVID-19 and measures taken across the Asia Pacific to contain it will damage economic activity across the region, according to Fitch Ratings....

Life/Risk

Non-life insurers helped by reinsurance protection

Reinsurance protection is expected to help ease major non-life insurers contain their earnings volatility which result from bushfires in Australia, according to Fitch Rat...

Financial planning

Australian property at risk of trade war contagion

A sharp slowdown in the Chinese economy caused by the US/China trade war would be detrimental for the Australian housing market, according to a report by Fitch. ...