Swedish pension fund's credit portfolio recovers with strong 2018 results
Andra AP-Fonden (AP2), the SEK 352.4 billion ($38.7 billion) state-owned pension fund, generated 5.6% absolute returns from non-domestic credit investments for the first half of 2018

BNP Paribas hires to its loan sales team in London
BNP Paribas has added to its loans sales team in London with an experienced hire

TD builds out European credit trading arm with key hire
The Canadian-based investment bank has strengthened its European credit trading business with a senior credit trading official 

Vanguard plans global credit bond fund launch for US investors
Vanguard’s $1.3 trillion fixed income group is looking towards a US-domiciled global credit bond fund in the fourth quarter this year, following the Ucits version it launched last year 

SANNE appoints co-heads of private debt and capital markets
SANNE, an alternative fund and corporate administration services provider, has promoted Stephanie Hopkins and Stephen McKenna as co-heads private debt and capital markets Emea

Blockchain drags credit into the future

Star names join Barclays as it pushes into CLOs

Consultant calls on investors to quiz managers over ESG processes
The lack of consistent and reliable data seems to be a major challenge when embracing environmental, social and governance (ESG) criteria across private equity, infrastructure and credit.

Steelmakers forge links in face of overcapacity

Investors gain upper hand in doc negotiations

Invesco to convert Canadian bond fund into global credit strategy
The new Invesco Active Multi-Sector Credit Fund will have a global multi-sector approach

Private debt tops the tables for Industriens Pensionsforsikring
Industriens Pensionsforsikring, the DKK164.5 billion ($25.7 billion) pension scheme, generated a 1.6% return from its private debt portfolio, according to its mid-year 2018 results

Portfolio managers continue to be pessimistic on credit outlook, survey finds
A survey by the International Association of Credit Portfolio Managers states that 56% respondents believe average corporate default rates will increase over the next 12 months 

Carlyle bolsters credit opportunities team with two senior hires
Carlyle has announced the appointment of Taj Sidhu and Philip Moore in the firm's credit opportunities team

European CLO PM rumoured to be joining CIFC from large asset manager
CIFC Asset Management looks to have made a major breakthrough in its bid to establish a European credit business with the $17 billion asset manager rumoured to be hiring the head of European performing credit at a large global credit firm

Aircraft lessors: gathering clouds lead to talk of turbulence
Aircraft leasing companies have been cruising over the past two years as passenger numbers grew, but rising interest rates and trade tariff concerns are making some bondholders nervous

Managers spot opportunity as leveraged loans soften
An abundance of US leveraged loan issuance helped soften secondary prices even though the overall market is highly bid. Meanwhile, investors’ preference for floating rate paper hit high yield

Schroders appoints credit specialist to fixed income team
Schroders has appointed a former BlackRock credit specialist as an investment director focused on Schroders' credit strategies

Neuberger's Dyal acquires minority stake in HPS
Dyal Partners, a division of Neuberger Berman, has acquired a minority equity stake in global credit manager HPS Investment Partners

Investcorp brings in European credit portfolio manager from Rothschild
Investcorp has appointed Dominic Courtman as portfolio manager and director of its European Credit Management business (ICM EU)

Alcentra appoints Rajguru as global chief investment officer as Hatfield retires
Alcentra has appointed Vijay Rajguru as global chief investment officer effective 2 July 2018, a spokesperson for the company has confirmed to Creditflux, following Paul Hatfield's decision to retire from the firm at the end of the year

Lynx appoints former Swedish pension fund alternatives head as partner
Swedish hedge fund manager Lynx Asset Management has appointed Martin Källström as partner and member of its management team

BlackRock seeks $1 billion for new multi-strat opportunities fund
The new trust will invest at least 80% of its assets in fixed income securities and up to 40% in special situations, SEC filings reveal 

Michigan pension fund looks to commit $80 million to debt funds
The $114 billion Michigan pension fund is looking to commit to two private debt funds managed by London-based Kreos Capital and New-York headquartered MidOcean Credit Partners

Axa IM brings in global head of fixed income
Axa Investment Managers has appointed Hans Stoter as global head of fixed income, Creditflux has learned