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. ...

image
Funds management

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

image
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 ...

image
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. ...

image
Funds management

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

image
Funds management

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

image
Funds management

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

image
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. ...

image
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. ...

image
Funds management

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

image
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...

image
Financial planning

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

image
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...

image
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....

image
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....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month 2 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month 2 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month 2 weeks ago

The Reserve Bank of Australia has made its latest rate call, with only two more meetings left for 2024....

1 week 5 days ago

Financial advisory group AZ NGA has announced a strategic partnership with a $294 billion global investment manager to support its acquisition plans....

5 days 22 hours ago

Platform HUB24 has taken a minority stake in an alternative investment company to design and offer a range of alternative products to financial advisers. ...

1 week 3 days ago