First Abu Dhabi Bank pushes into credit derivatives with trading head hire
First Abu Dhabi Bank (FAB) is making a foray into credit derivatives and has hired an experienced credit trader to lead the initiative

Border to Coast pension seeks exposure to UK investment grade credit
Border to Coast Pensions Partnership is set to begin a manager selection process, seeking UK investment grade credit and global multi-asset credit funds  

Largest UK pension appoints new CEO of investments
Universities Superannuation Scheme (USS) has appointed a new chief executive officer of its investment management business  

Carmignac adds global credit Ucits strategy to its range
The fund will be co-managed by Carignac’s head of credit Pierre Verlé and fixed income fund manager Alexandre Deneuville

Illiquid credit boost returns for PensionDanmark
PensionDanmark has generated 5.8% returns from its illiquid credit portfolio for the year 2018, according to its latest annual report published today. But its liquid credit portfolio took a 3.4% hit

Muzinich poaches Neuberger Berman MD for top fund distribution role
Muzinich has hired a global head of distribution, according to an announcement today, picking up the role previously held by Joshua Hughes, who left for CIFC Asset Management in May

Mirabaud boosts emerging markets capabilities with manager acquisition
Galloway Capital Management, an emerging markets-focused hedge fund manager, has been fully acquired by Mirabaud Asset Management

BNP Paribas Asset Management hires multi-strategy products head
BNP Paribas Asset Management has created a new position within its fixed income division

Blackstone builds on multi-asset approach with fifth fund
The new vehicle will invest directly into Blackstone deals across its alternatives platform

Hermes brings in senior emerging market debt PM
Hermes Investment Management has appointed a former Jupiter Asset Management official as a senior emerging market debt portfolio manager

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.  

Former BlackRock PM joins Mirabaud for emerging market credit role
Mirabaud Asset Management has bolstered its emerging market debt team with the appointment of former BlackRock official Puneet Singh

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

Danish pension fund's bond and loan performances diverge
ATP, the Danish public pension fund, has made negative returns on its credit portfolio with its bond portfolio suffering 

Barclays hires another senior EM trader as Turkey continues to roil markets
Barclays has made an experienced hire to its EM credit trading team in London

Mediobanca hires experienced credit trader to build out loan franchise
Mediobanca has appointed an ex-Deutsche Bank senior credit trader as head of loan trading

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 

BlackRock unveils ESG-focused emerging market debt suite
BlackRock has launched a series of emerging market debt funds that will have an environmental,social and governance (ESG) focus

BlueArc brings in nearly $70 million for global private credit fund
At least 100 investors have backed the BlueArc Global Private Credit Opportunity Fund, managed by Atlanta-based BlueArc Capital 

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

BlueBay adds strategist to its emerging market team in London
BlueBay Asset Management has appointed Gautam Kalani to its emerging markets debt team, in a newly created role of emerging market FX strategist

BlueBay aims to capitalise on volatility with diversified alternative credit fund
The new Icav QIAIF will invest in a range of sub-strategies including global credit alpha, global long/short, event driven credit and emerging market credit alpha

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 

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