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Showing 1 - 10 of 17 results for "CCC"

Capital markets spearhead next recession: CIO

KARREN VERGARA  |  FRIDAY, 3 MAR 2023
... do not understand the high levels of risk borne by private equity, which is underpinned by investments in junk bonds with CCC ratings, she said. This equates to being overleveraged by 5-7x net debt over earnings before interest, depreciation and amortisation ...

MSCI downgrades Russia's ESG rating

JAMIE WILLIAMSON  |  WEDNESDAY, 2 MAR 2022
... management of ESG risk factors may affect the long-term sustainability and competitiveness of its economy, ranging from AAA to CCC. MSCI's ratings methodology applies a 50% weight for governance, 25% for social, and 25% for environmental. MSCI said it ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
A US congressman has called for the chief investment officer of America's largest pension fund to be fired. In a series of tweets and interviews, Indiana Congressman Jim Banks has urged for the sacking of CalPERS chief investment officer Yu Ben Meng ...

Pension funds feel the heat on climate change

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
... AustralianSuper also placed in the top 20, taking out 18th spot with a BB-rating. Further down the list, UniSuper received a CCC-rating and placed 31st, while the Future Fund ranked 41st with a D-rating. Ranking 52nd, Rest also received a D-rating with ...

Three Aus funds awarded AAA climate rating

KERRIE SYDEE  |  MONDAY, 2 MAY 2016
... The largest increase was in asset owners still developing their climate risk strategy, with a 52% rise in those rated C to CCC from 27 to 41. Chief executive of The Climate Institute John Connor said that it was encouraging to see the number of Australian ...

Breaking the bad in the eurozone

BENJAMIN ONG  |  TUESDAY, 21 MAY 2013
... before. Not only that, the country that started it all has just recently earned an upgrade on its credit rating - to B- from CCC -- from Fitch because of the "clear progress" Greece has made in rebalancing its economy, and reducing its fiscal and current ...

Financial markets give the budget a big yawn

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2013
... 3-year lows at last night's auction and...wait for it, Fitch upgrading (yes, upgrade) Greece's sovereign debt rating to B- from CCC. But back to the budget and financial markets. Australian bonds didn't show much care either. Ten-year Australian bonds ...

Three more days of guessing

BENJAMIN ONG  |  THURSDAY, 14 JUN 2012
... their ratings before Spain asked for the 100 bil hangman's rope. Egan Jones cut to the chase and downgraded Spain from B to CCC+ (junk). Hello vicious circle. Another five weeks of uncertainty would certainly suck Italy into this vicious vortex and perhaps ...

Bulls run

BENJAMIN ONG  |  FRIDAY, 18 MAY 2012
... than two months after Fitch issued the upgrade, Standard & Poor's did the same. It upgraded Greece from selective default to CCC. Sure it's still junk, it still smells but S&P also gave it a "stable outlook". Stable my butt. S&P announced its more positive ...

Mexican standoff

BENJAMIN ONG  |  THURSDAY, 3 MAY 2012
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