EM manager takes assets across two funds to $1.4 billion after big inflows
Two funds managed by a New York-headquartered firm have reached a combined $1.4 billion after big inflows

First Trust teams with TCW to launch unconstrained credit ETF
First Trust Advisors will act as investment advisor to the new actively managed fund, while TCW Investment Management will act as sub-advisor

San Francisco pension fund to deploy up to $4.5 billion in private debt
The City and County of San Francisco Employee’s Retirement System has revealed details of its new private debt pacing plan - which will see it deploy up to $4.5 billion and partner with up to 25 private debt managers over the next six years

Destra and BlueBay team up to launch credit interval fund
Destra has become the latest manager to launch an interval fund - Destra International & Event-Driven Credit Fund - which will focus on two strategies: multi-strategy international credit  and event driven credit. 

Marathon EM fund picks up the pace with at least $58 million of inflows
Marathon Emerging Markets Bond Fund, a long-only investment fund focused on liquid assets in the global emering market, has raised at least $155 million, SEC filings show

CarVal closes fourth distressed credit fund at $3 billion hard cap
Minneapolis-based CarVal Investors has held a final close for its fourth credit value fund – CVI Credit Value Fund IV (CVF IV), hitting its hard cap with $3 billion capital commitments

Private debt impact funds demonstrate their value in emerging markets
Private debt is becoming an important channel for impact investing with over a third of impact investing AUM tied to private debt, according to a new survey

Fulcrum launches new multi-strat fund with daily liquidity
Fulcrum Asset Management has launched TM Fulcrum Diversified Liquid Alternatives Fund, which will invest across real assets, alternative credit and diversifiers

Pictet launches Asian corporate bond fund
Geneva-headquartered Pictet Asset Management has launched a Ucits-compliant Asian corporate bonds fund

Dutch managers team up to launch $250 million EM impact fund
NN Investment Partners  and FMO Investment Management have launched an emerging markets loan fund – which has just held a first close $250 million capital commitments, 25% over its original target

Pinebridge shifts away from investment grade credit
New York-based PineBridge Investments has reduced its investment grade credit allocation from 25% to 20% while increasing its appetite for emerging market credit

London-based boutique manager launches emerging markets Ucits fund
EG Capital Advisors takes bottom-up approach for $75 million emerging markets high yield Ucits fund

Quant giant AQR launches first fixed income fund
Quant specialist AQR Capital Management has entered the fixed income world, launching a new product called the Core Plus Bond Fund

Canada’s Fiera generates 10% AUM growth in 2017
Montreal-based asset manager Fiera Capital Corporation has increase its assets under management by 10% year-on-year and grown its annual revenues by 33% on a year-over-year basis, its latest financial report reveals

T. Rowe to reduce assets and change investment objective for bond mega-fund
T. Rowe Price is seeking to change the investment objective on its $2.65 billion International Bond fund – while also reallocating $850 million in assets away from the fund

Pimco hires United Nations director in move to expand ESG capabilities
Fixed income giant Pimco has hired a former United Nations director as it builds out its environmental, social and governance (ESG) platform for investors seeking socially responsible investments.

AB emerging markets debt fund raises $240 million for a single investor
Regulatory filings indicate that New York-based AB, previously known as AllianceBernstein, has raised $240 million for the fund

UK pension mega-fund to increase credit allocation following equity reduction
One of the UK's largest pension funds looks set to increase its allocation to credit after reducing its equity allocation by 15%

Canadian asset manager acquires Asian private credit specialist Clearwater
In a bid to gain entry to the Asian private credit market, Canadian investment firm Fiera Capital Corporation has acquired Asian credit specialist Clearwater Capital Partners

Manchester pension fund awards Stone Harbor £1 billion multi-credit mandate
A £21 billion UK pension fund has appointed global fixed income specialists Stone Harbor Investment Partners to manage a £1 billion multi-asset credit mandate

EM manager crosses $2 billion fundraising mark across four debt funds
London-headquartered Ashmore Group has now raised more than $2.3 billion in total between four of its Luxembourg-domiciled emerging market debt funds, regulatory filings indicate

BlueMountain hires former Pine River credit specialist
BlueMountain Capital Management has hired credit specialist Colin Teichholtz as global governments and agency mortgage-backed securities head

Cleveland multi-boutique announces pricing of its IPO
Victory Capital, which provides offerings including separately managed accounts, collective trusts, mutual funds, ETFs and UMA/SMA vehicles, announced the pricing of its initial public offering of 11.7 million shares of its Class A common stock at a public offering price of $13.00 per share

JP Morgan AM confirms new lower-cost share class on emerging market fund
JP Morgan Asset Management is introducing a new share class with lower pricing for its JPM Emerging Markets Income fund

US pension cuts BlueBay emerging market fund despite strong 2017 returns
The State Universities Retirement System of Illinois has terminated BlueBay Asset Management as an emerging market debt manager