Fixed Interests

Where could AI pose the biggest risks to investment portfolios? Aymeric Poizot and Robert Mazzuoli explore why BDCs face greater asset risk and what AI disruption could mean for investment managers and life insurers.

Hybrid infrastructure credits are reshaping project finance. Marjan van der Weijden and Scott Zuchorski explain what’s driving the shift, the risks investors should watch and how Fitch assesses these increasingly complex structures.

How much could AI disrupt financial institutions? Fitch Ratings’ Robert Mazzuoli examines the risks for banks, wealth managers, and insurers, and explains why some business models may be more vulnerable than others.

China’s new property rules could reshape homebuilding. Fitch Ratings’ Lulu Shi explains how longer cash collection cycles, tighter escrow management and changing supply could affect developers and credit.

How are project finance structures reshaping corporate credit analysis? Aymeric Poizot and Yee Man Chin examine joint venture structures, AI data center financing, structural subordination, and their implications for ratings and credit risk.

Investor demand remains strong, but risks are building. Hear Fitch Ratings experts discuss what's supporting European leveraged finance, why investors are becoming more selective, and what rising defaults could mean for the market's outlook.

Japan’s institutions are among the world’s largest fixed-income investors. Helen Wong speaks with Monsur Hussain about rising Japanese bond yields, shifting allocations, foreign credit and private markets, and implications for global market.

How could Brazil’s election reshape its economy and credit outlook? Todd Martinez and Richard Francis discuss the runoff, fiscal challenges, growth prospects, and what a Bolsonaro victory could mean for debt, markets, and ratings.

How do telecom, media, and technology bankruptcies affect creditor recoveries? Terry Gallagher and Josh Clark discuss declining first-lien recoveries, repeat restructurings, valuation pressures, and the factors driving outcomes across the TMT sector.

How much can the UK economy grow over the next five years? Aymeric Poizot speaks with Jessica Hinds about the factors shaping the UK's growth potential, from investment and productivity to demographics and AI's potential impact.

As life insurers expand their relationships with affiliated alternative investment managers, what are the credit implications? Deborah Murnin, Jamie Tucker, and Zach Shutts discuss governance, liquidity, transparency, and investment risk.

How exposed are APAC banks and insurers to private credit? Helen Wong speaks with Tania Gold and Jeff Liew about direct and indirect risks, portfolio trends, rating implications, and why private credit remains an asset class to watch closely.

Fitch Ratings senior directors Manuel Arrive and Brian Schneider share their 2027 global reinsurance outlook and Monte Carlo Summit takeaways, covering softening pricing, alternative capital, AI & data center risks, profitability and market trends.

Fixed Interests explores U.S. and European bank performance in 2026. Cynthia Chan, Olivia Perney, and Julie Solar discuss profitability, diverging outlooks, RWA density gaps, and how Basel III reforms could reshape regional banking.

Fitch's Deborah Murnin and Wunmi Adekanmbi explore how AI may impact media subsectors. While AI isn't expected to drive negative rating actions near term, it adds uncertainty. 

Fixed Interests examines Fitch's approach to rating financial guarantors in EMEA. Sabine Bauer and Inal Kishmariya discuss this niche insurance sector and key rating drivers: diversification, governance, capital adequacy and shareholder support.

Alex Muscatelli from Fitch Ratings joins Aymeric Poizot to unpack a risk scenario on a major AI equity and CapEx correction: 35% share price plunge, US recession, global stagnation, and rate cuts. Not Fitch's base case, but a key risk worth watching.

Explore how the Middle East crisis and rising jet fuel prices are hitting EMEA airlines. Fitch analyst Raman Singla joins Andrei Sandu to discuss Q2 profit declines, why low-cost carriers face greater risk, and the outlook if the conflict drags on.

With long-dated yields at multi-decade highs across major markets, Fitch's Ed Parker examines the fiscal, inflation and supply forces at play, and which sovereigns face the greatest rating risk as debt burdens climb and refinancing costs rise.

Transatlantic view of leveraged finance from Fitch Ratings. Terry Gallagher, Brendan Hoelmer and Leonie Dackham explore the macro backdrop, refinancing waves and rising default forecasts across US and European loan and high-yield markets into Q3

Scott Zuchorski and Monsur Hussain follow the money, exploring how insurers, pension funds, sovereign wealth funds, and family offices are financing infrastructure, and why credit ratings are the connective tissue driving global capital flows.

One asset, three routes to capital. In part one, Scott Zuchorski and Monsur Hussain unpack Fitch's latest report on how corporate, project, and structured finance are converging to meet a US$106 trillion global infrastructure need by 2040 and beyond.

Fitch's Terry Gallagher, Josh Clark, and John Kempf examine the gaming, leisure, lodging, and restaurant sector. They discuss sector bankruptcies, maturity, alternative financing, favorable demographics, and strong first-lien creditor recoveries.

Fitch's Sovereign team explores Argentina's turning point. Following its upgrade to 'B-', analysts Shelly Shetty and Chris Dychala discuss the Milei administration's fiscal and reform gains, vulnerabilities, and what to watch ahead of 2027 elections.

Christian Scarafia and Robert Mazzuoli unpack the European Commission's July push to boost EU banking competitiveness, exploring cross-border consolidation, capital fungibility, Basel III lending reforms, deposit protection changes, and key omissions.