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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. ...
Funds management
China has key attributes that could make the country a leading global currency issuer, according to Fitch Ratings....
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 ...
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. ...
Funds management
Profitability at the big four banks is expected to remain under pressure for the next 18 months, according to ratings agency Fitch. ...
Funds management
According to Fitch Ratings, US$62 billion of global mutual funds have suspended redemptions due to COVID-19 driven market stress. ...
Funds management
The impact of climate and policy developments on variables that directly affect sovereign creditworthiness will affect ratings, according to Fitch Ratings....
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. ...
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. ...
Funds management
Major Australian real estate investment trusts with retail exposure are well positioned to withstand pressure after several national retailers entered administration, Fit...
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...
Financial planning
Credit rating agency Fitch Ratings says the Australian bushfires will not impact the ratings of covered bonds and residential mortgage-backed securities....
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...
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....
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
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...