UK hit with another negative outlook rating
Moody’s joins Fitch and S&P in downgrading the UK’s outlook from ‘stable’ to ‘negative’
Moody’s
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ESG and China to drive growth as fee pressure hits asset managers
Moody’s says high margins remain a source of credit strength heading into 2020
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Blackrock and Fidelity to weather credit negative FCA changes
Moody’s has described the Financial Conduct Authority’s (FCA) final rules and guidance for asset managers, announced last week, as credit negative for the industry, but said big players like Blackrock and Fidelity are best placed to navigate the changes.
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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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Moody’s: Trouble ahead for asset managers despite AUM growth
Schroders saw the largest increase in AUM out of 22 European asset managers last year according to a survey from Moody’s, but the ratings agency believes industry troubles are brewing.
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China’s credit downgrade could ‘reawaken risk’
While Moody’s Investor Service’s decision to downgrade China for the first time since 1989 didn’t move markets massively, some investors fear that it could dredge up negative sentiment.
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Active management sector needs to shrink – Moody’s
The active management industry will have to shrink substantially, Moody’s Investor Services argues in a new report on the growth of passive investments.
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Moody’s issues bearish forecast for UK GDP
Moody’s has issued a bearish forecast for the United Kingdom’s GDP growth over the coming two years.
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Moody’s cuts UK growth forecasts
Moody’s Investors Service has downgraded its forecasts for UK growth on the back of Brexit uncertainty.
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Derailed O2 merger will stymie UK telecoms M&A – Moody’s
The blocked merger between Telefonica’s O2 and CK Hutchison Holdings’ 3 UK “has consequences for the rest of players in the UK market, as well as for the broader European telecoms market,” said Moody’s Investors Service.
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Global high-yield defaults to rise further in 2016
The global high-yield default rate will rise to reach 5% in November this year, according to Moody’s Investors Service forecasts.
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Eurozone sentiment set to pick up
The eurozone’s economic sentiment index fell in January to 105 from a revised 106.7 in the previous month but it will pick up later in Q1, according to Moody’s Analytics.