Fixed Interests

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.