Investor reaction: US credit downgrade ‘purely political’
Fitch lowered US credit rating to AA+ from AAA following repeated debt ceiling crises
Fitch
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Bluebay chief investment strategist retires
David Riley leaves full-time employment after more than three decades in the industry
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Fitch downgrades UK’s outlook to negative
Ratings agency cites ‘lack of independent evaluation’ of mini budget among reasons
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Jupiter downgraded to negative by Fitch
‘Its retail focus and smaller scale increase its vulnerability to net outflows versus peers’
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SJP remains mum on debt plans as Fitch initiates credit rating
Covid-19 or a weakening market position are the biggest risks to downgrade for the new rating
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Asset managers see global recession within 18 months
Protectionism in the UK and further afield fuels fears.
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Neuberger Berman slams credit agencies on ESG failings
“Much more needs to be done” by the big three credit ratings agencies to incorporate environmental, social and governance (ESG) concerns into their issuer ratings, according to Neuberger Berman.
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Asset managers to merge funds not companies
European asset managers are set to rationalise their fund ranges further, but at a corporate level a widespread M&A spree is unlikely.
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s and p forced to retract high yield blunder
Industry experts reacted with horror to S&P Capital IQ claims that European high yield bond default rates could reach 32% in 2013, a figure which is estimated to be around twice the highest default rate on record.
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Fitch disappointing year ahead for credit
Credit funds will have difficulties matching the record returns and inflows from 2012 in 2013, data from Fitch Ratings predicts.
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fitch warns on us debt ceiling delay
Fitch Ratings will consider downgrading the US’ AAA credit rating in the next few weeks if the country fails to raise its debt ceiling in a timely manner.
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have bond markets gone too easy on sovereigns
Fitch Ratings has warned about complacency spreading through fixed-income markets and among policymakers as tentative progress is made in the eurozone debt crisis.