Hong Kong's Tor raises $150 million for latest credit fund
A Hong Kong-based firm’s recently launched credit fund has raised sales of $150 million, hitting the halfway mark of its anticipated fundraising, according to a market source

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 

T Rowe Price poaches multi-asset professional from BlackRock
T Rowe Price has grown its multi-asset team in the Asia-Pacific (Apac), hiring Wenting Shen as a solutions strategist

Global consulting firm acquires Japanese multi-management platform
Global consulting firm Mercer, a subsidiary of Marsh & McLennan Companies, has acquired the Japanese hedge fund multi-manager BFC Asset Management

Credit markets ignore geopolitical exposures, suggests Guggenheim
Global credit spreads have spent 2017 tightening, but markets may be ignoring certain risks, according to Anne Walsh, chief investment officer for Guggenheim’s fixed income unit

Debt managers spot opportunity as Australia’s banks face inquiry
Australia’s government announced a long-anticipated royal commission into the nation’s financial services sector on 30 November – and a credit market expert says the move could be good news for debt market participants

Multi-affiliate fund management firm names senior hire in Melbourne
Australasia-focused Channel Capital, a multi-affiliate house of boutique funds management business, has named a senior hire to lead its newest Australian office

State Street appoints managing director in newly created Asia-focused role
State Street Global Advisors, the asset management arm of State Street Corporation, has announced the appointment of Betty Ng as managing director

Man Group taps former Lazard professional for marketing role in Hong Kong
Investment management firm Man Group has appointed a new managing director within its institutional sales team in Hong Kong, the company announced on 13 December

Carlyle's co-founders step down as new leadership team is unveiled
The group names two Co-CEOs and a Co-CIO – but claims its three co-founders will continue to be actively engaged at Carlyle

Sell-side credit analysts land at Muzinich in London
Muzinich has raided Citi and Deutsche Bank for credit analysts with Richard Smith and Terence Teh joining the firm in London

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

Capital raising specialist First Avenue launches Korea office
First Avenue, a capital introduction firm with a big focus on private credit, has announced that it has opened an office in Seoul.

Bfinance hires to its London and Sydney offices
Pension fund consultant Bfinance has made three hires to its team

Former CIFC special situations head resurfaces at $30 billion credit manager
CIFC's former head of special situations has joined a $30 billion credit manager which became an independent firm in March 2016, according to market sources.

Morgan Stanley hires credit trader in Hong Kong
The Asian credit market continues to exhibit signs of growth with market sources indicating that Morgan Stanley has added an Asia-focused credit trader to its team

Asia-focused macro fund hires BlueCrest's former head of US credit
A Singapore-based fund manager has hired a senior official to invest across the US credit market

Leading CLO manager hires marketing specialist from Avenue
Market sources say that a leading CLO manager has added to its marketing department