FITCH RATINGS

Funds management

China’s largest money market fund has been warned to reduce its fund size, due to the links with Ant Group, in a regulatory first for Chinese funds. ...

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Funds management

China has key attributes that could make the country a leading global currency issuer, according to Fitch Ratings....

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Financial planning

According to Fitch Ratings, Westpac’s agreement with AUSTRAC will have no impact on the bank’s ratings as the risk and governance shortcomings have been already factored ...

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Financial planning

Fitch Ratings has maintained its negative outlook on the ratings of Australia’s four largest banks: ANZ Group, Commonwealth Bank of Australia, NAB and Westpac. ...

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Funds management

Profitability at the big four banks is expected to remain under pressure for the next 18 months, according to ratings agency Fitch. ...

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Funds management

According to Fitch Ratings, US$62 billion of global mutual funds have suspended redemptions due to COVID-19 driven market stress. ...

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Funds management

The impact of climate and policy developments on variables that directly affect sovereign creditworthiness will affect ratings, according to Fitch Ratings....

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Funds management

Rating moved from stable to negative by Fitch reflecting the market uncertainty and the possibility of an earnings hit in the next two years. ...

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Life/Risk

Fitch Ratings has announced its first-time ‘BBB’ rating for ClearView Wealth to reflect its poor recovery prospects in the event of a default. ...

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Funds management

Major Australian real estate investment trusts with retail exposure are well positioned to withstand pressure after several national retailers entered administration, Fit...

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Funds management

Credit ratings agency Fitch Ratings says bushfire risks have heightened the need for environmental, social and governance consideration when evaluating the credit quality...

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Financial planning

Credit rating agency Fitch Ratings says the Australian bushfires will not impact the ratings of covered bonds and residential mortgage-backed securities....

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Financial planning

The Australian Prudential Regulation Authority’s announcement of an increase to Westpac’s capital charge and the commencement of an investigation into possible breaches o...

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Financial planning

Fitch Ratings has said that the AUSTRAC proceedings brought against Westpac were credit negative, but will not have an immediate impact on its ratings....

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Funds management

Fitch Ratings has awarded stable outlooks to two Australian REIT issues in light of their leading positions in the Australian real estate market....

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 1 week ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

2 weeks ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 week 3 days ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 week 2 days ago