Dedication pays off in risk sharing
Fund managers are pitching dedicated CRT funds to institutional investors as market hits €75 billion in 2017 and US banks start to take notice. By Sayed Kadiri

Drug makers: desperately seeking pain relief
With Teva’s profitable Copaxone being undermined by cheaper alternatives, the company is in need of a pick-me-up. By Euan Hagger

Staying afloat in credit takes care and character
In his final article, our columnist sheds light on his identity and has some 'nice' advice for those navigating credit’s changeable oceans

Investec hires former GSAM official to its UK strategic client group
Investec Asset Management has further expanded its UK institutional presence with hire of Alastair Leather, who was previously an executive director at Goldman

Hermes to debut ESG unconstrained credit fund
Hermes Investment Management is set to launch an unconstrained credit fund this year

Citi hires UBS's Merran as European ETF credit trading head
Citi has hired former UBS’ Melvyn Merran as European head of credit trading for ETFs, a spokesperson for Citi has confirmed.

Och-Ziff's head of European private credit set to join Carlyle
Carlyle Group has made a high profile hire to its credit team in London

EU money market fund reform not a cause for concern, says SSGA
Investor sentiment is split over the European Union’s incoming Money Market Fund (MMF) reform – but it’s a positive development, insists State Street Global Advisors’ head of cash for EMEA

High Ucits fees? Change strategy or face liquidation, report suggests
Substantially high fees on Ucits have led some funds to merge or liquidate, France’s stock market regulator says

Cheyne generates double-digit returns for hedge funds
Cheyne Capital has delivered with two credit hedge funds that have reached their maturity

Capital Four fund soft closes at €350 million
Copenhagen-based Capital Four Invest has recommended a soft close for its Luxembourg-domiciled Credit Opportunities Fund following its growth to €350 million

Amundi appoints fixed income head in Munich
Paris-headquartered asset manager Amundi has appointed Tugrul Kolad as head of fixed income Germany, a spokesperson confirms

ICG names new non-executive director in London
ICG has announced a new hire to its London office: a director with significant experience in the asset management space, including a stint as chair at SVG Capital

SSGA appoints global head of institutional group
State Street Global Advisors has appointed former APAC head Lochiel Crafter as head of its Global Institutional Group. James MacNevin will now take over Crafter's former role 

KKR appoints new independent director
KKR has appointed French technology entrepreneur Xavier Niel to the Board of Directors of KKR Management

Fair Oaks expands into European loans with major hire
Fair Oaks Capital – one of the largest CLO equity investors in the market – has hired a well-known figure in the CLO industry to build a European corporate loan business

Chorus launches third credit fund for reg cap strategy
Reg cap specialistChorus Capital has launched its third credit fund, according to SEC filings seen by Creditflux

Manager launches eighth European leveraged loan fund with €300 million target
SCOR Investment Partners and private equity firm LBO France have partnered to launch a European leveraged loan fund seeking €300 million in capital commitments

Natixis AM reports $1 trillion AUM in 2017 results
Paris-headquartered Natixis has reported solid growth, and an end-of-2017 AUM of $1 trillion, for its asset and wealth management unit

Credit Suisse reports annual loss - but insists it's on the mend
Credit Suisse has reported an annual loss for 2017 – posting a full year net loss attribute to shareholders of CHF983 million ($1.05 billion) in its earnings release today

Investec AM announces leadership succession plan
Investec Asset Management has announced its leadership succession plans following the retirement of Investec Group's chief executive officer and managing director

Aberdeen Standard Investments launches global private markets fund
Aberdeen Standard Investments has launched a £138 million Global Private Markets Fund (GPMF), which will invest in a diversified mix of private credit, private equity, real estate and infrastructure

Ironshield guards against future stress in Europe
The withdrawal of quantitative easing in Europe, coupled with rising interest rates, could lead to increased volatility and improved credit selection opportunities, especially among low-grade credits

Managers predict skill will win out
We asked managers to predict the year ahead across a range of credit strategies. Overall, they had a positive outlook. By Grace Jennings-Edquist