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Showing 1 - 10 of 100+ results for "Fitch"

AAA rating holds on by a thread

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
Australia's AAA rating will remain, but is hanging on by a thread following the government's budget announcement. Fitch ratings revised the country's rating from stable to negative on the fiscal impact of the COVID-19 shock. "The negative outlook reflects ...

ASIC grants frozen fund relief

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
... least US$62 billion of mutual funds across the globe had suspended redemptions since the beginning of the year, according to Fitch Ratings. In response, ASIC has granted new conditional relief to all responsible entities of registered managed investment ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... suspended redemptions so far this year, already higher than at least the previous eight years, owing to COVID-19, according to Fitch Ratings. Fitch attributed the high level of suspensions in redemptions to valuation uncertainty and holdings with limited ...

COVID-19 will bite into credit ratings

BENJAMIN ONG  |  MONDAY, 27 APR 2020
... are only 10 countries unanimously rated AAA by the three credit rating agencies - Standard & Poor's, Moody's and Fitch Ratings - namely: Australia, Canada, Denmark, Germany, Luxembourg, Netherlands, Norway, Singapore, Sweden, and Switzerland. ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... have all suffered a rating downgrade due to the COVID-19 fallout, while APRA warns they should cut dividends and bonuses. Fitch Ratings downgraded all four of the major banks, and their New Zealand subsidiaries, due to its expectation of a significant ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... 2020 interim dividend settings as part of the 2020 half year results process. APRA's warnings come as ratings agency Fitch downgrades the Issuer Default Ratings (IDR) ratings of Australia's big four banks and their New Zealand subsidiaries from ...

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... a month of significant change at ClearView. Late last week it was rated for the first time ever by credit rating issuer Fitch, picking up a long-term issuer default rating of BBB alongside a stable outlook. According to Fitch, both ClearView Wealth and ...

ClearView rated stable

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
In its first ever Fitch rating, ClearView Wealth has been declared stable. ClearView Wealth has picked up a long-term issuer default rating of BBB from credit rating issuer Fitch, the wealth manager's first rating by the firm. According to Fitch, both ...

Fixed income investors spooked by global politics: Fitch

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
A Fitch Ratings report has found Australian fixed-income investors consider political and geopolitical risk to be the greatest threat to domestic credit markets in the year to come. The Fitch Ratings fourth quarter 2019 fixed-income investor survey ...

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... the end of the year. It also led Goldman Sachs to reset higher its price targets for the next three, six and 12 months. Fitch Ratings edged higher its iron ore forecasts to an average $US65 this year and $US72 in 2020." In another AFR article, "Liberum ...
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