Ex-Citi CDO trading chief joins Jefferies as head of European fixed income
Jefferies has appointed a former Citi European credit and pre-crisis CDO trading head to lead its European fixed income business

European loan issuance set to decline in 2019, says Moody's
The outlook for European leveraged loan issuance remains strong for next year, according to report by Moody’s, although levels will depend on M&A activity

Machines connect as credit managers’ new best friends
The clamour for credit funds that adhere to environmental, social and governance (ESG) criteria means the managers behind these funds are handling ever-larger and deeper data sets. This has led a growing number of fund managers to divert resources into incorporating artificial intelligence (AI) and machine learning into their investment processes

Regulators suggest clampdown on UK loans
The Bank of England recently raised alarms about the state of the UK leveraged loan market, drawing parallels to the growth of the US sub-prime mortgage market

Blockchain technology powers breakthrough €150 million syndicated loan
Three banks have marked another landmark for the syndicated loans world: the first syndicated loan deal on blockchain  

UBS AM hires PM to infra debt team as it nears final stages of fundraising
UBS Asset Management has recruited portfolio manager Viktor Kozel to its real estate and private markets business. Speficially, he will work within the infrastructure debt team as the firm goes about fundraising for Archmore Infrastructure Debt Platform II  

Ares ups its target for US senior direct lending growth to $4.7 billion
Following $5 billion of inflows into global direct lending in the third quarter, Ares has upped the target for its US direct lending strategy 

Fixed income heads join forces to launch macro credit fund manager in London
Resco Asset Management, a new asset manager based in London, has launched and set about marketing its debut fund: Resco Macro Credit Fund

Danish penion fund's credit portfolio returns to growth
ATP, the Danish pension fund, has generated a return of DKK 799m from its credit portfolio for the first three quarters of 2018, marking a recovery compared to the H1 negative return of DKK200m.  

Akin Gump bolsters financial restructuring debt team with four partners
Akin Gump Strauss Hauer & Feld has bolstered its financial restructuring and global debt finance team with a new Connecticut office and the addition of four partners

IFM sets up office in Switzerland and appoints country head
IFM Investors, the Melbourne headquartered institutional investment manager with AUD113 billion ($80.1bn) of assets under management, has opened a new office in Zurich

Eaton Vance adds former Janus Henderson official as credit portfolio manager
Dónal Kinsella joins as institutional portfolio manager for the firm’s corporate credit strategies

DWS and Tikehau unveil strategic alliance
The alliance will see the pair collaborate on several different alternative investment initiatives and cross-invest in respective funds

Serone expands structured credit team as former GoldenTree official joins
London-based Serone Capital Management has added to its team with the hire of a structured products specialist

Pension fund Velliv hires chief strategist
Velliv (formerly known as Nordea Life & Pension) has appointed Henrik Henriksen as chief strategist, which is a new role within the organisation  

Experienced SRT specialist parts ways with Apollo
A big name in the significant risk transfer (SRT) market has left Apollo Global Management in London

ArrowMark builds in London with big SRT hire
ArrowMark is one of the biggest investors in the SRT market, but unusually it conducts most of its business out of the US. It has now added to its presence in London with an experienced official joining its SRT business

Pimco launches latest ESG-focused credit offering
Pimco has launched its latest environmental, social and governance (ESG) fixed income offering - GIS Global Investment Grade Credit ESG Fund.

UK pension fund adds portfolio manager for alternative credit
Pension Protection Fund, the south-London based pension fund, has appointed a portfolio manager to its credit team. He joins from consultancy firm Mercer

Finnish pension fund seeks portfolio administrator for illiquid investments
Finland's state pension fund is searching for a portfolio administrator to oversee its illiquid investments, which include private credit

Santander issues £1.1 billion SRT featuring UK project finance loans
Banco Santander has completed a £1.12 billion significant risk transfer through a transaction dubbed Fitzroy 2018-1 CLO

GAM appoints former DWS official as global head of trading
Zurich-headquartered GAM Investments has appointed an ex-DWS trading head to the newly created role 

Cairn makes ESG and senior credit research appointments
Cairn Capital has signalled its commitment to environmental, social and governance with the appointment of a head of ESG

M&G targets £250 million for UK-listed multi-strategy credit fund
M&G is targeting £250 million (£328.6 million) for a new closed-end investment trust, which will be listed in the UK

Cairn adds to its SRT investment team in London
Cairn Capital has appointed Chris Cottrell as senior investment analyst