Fitch Ratings has downgraded all funds formerly under the watch of Future Fund board appointee Trevor Rowe's company N M Rothschild and Sons (Australia) (NMRA) following last week's announcement NMRA had offloaded that part of the business to Invesco Bank. https://www.financialstandard.com.au/feed/latest?story=18932 en-AU Copyright 2026 Financial Standard 5