European manager launches global credit fund
London-headquartered Mirabaud Asset Management yesterday launched a new Global Diversified Credit Fund, further committing to its fixed income strategy.

High yield portfolio manager returns to Allianz GI after leaving Amundi
Sébastien Ploton has rejoined Allianz Global Investors as a high yield portfolio manager - two years after leaving the firm

Al Gore and David Blood's Generation to drop credit strategy
London-based Generation Investment Management, cofounded by former US Vice president Al Gore and Goldman Sach’s David Blood, has decided to drop its global credit strategy and invest solely in equities

Pioneer marketing veteran moves to Fidelity after 16 years
Fidelity International has announced the appointment of Hugh Prendergast as 'global head of product', in what is understood to be a marketing role

Ropes & Gray announces 33 promotions including finance and hedge fund professionals
Law firm Ropes & Gray has promoted 33 lawyers to counsel of the firm, with the attorneys representing a range of practice groups including finance, investment management, hedge funds and private investment funds

JP Morgan AM launches new multi-asset investment trust
A manager's best mate is its fund: JP Morgan AM launches Multi-Asset Trust (Mate)

ICG announces new marketing hire
Intermediate Capital Group (ICG) has appointed a former Neuberger Berman institutional sales professional to head up marketing across parts of Europe

KKR opens Frankfurt office
The global investment firm has announced the opening of a new office in Frankfurt, Germany, in a bid to further strengthen its presence in Europe

Chenavari raises $120 million in a year for multi-strategy credit vehicle
Chenavari Investment Managers has raised almost $120 million in a year for its Cayman Islands-incorporated Chenavari Multi-Strategy Credit Fund, regulatory filings suggest

Brokerage Exotix appoints global head of fixed income
London-based Exotix Capital has appointed Dean Tyler as global head of fixed income

Muzinich debuts European total return credit strategy
Muzinich & Co has launched a new European-focused total return credit strategy that will have the ability to express both long and short views on credit

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

Morgan Stanley's fixed income sales dramatically dip in Q4 earnings report
Morgan Stanley's sales and trading net revenues took a dip in 2017, with fixed income net revenues in particular down 31% compared to 2016 figures

Candriam hires executive officer for Switzerland
Pan-European multi-specialist asset manager Candriam Investors Group, owned by New York Life Management, has appointed Jog Allenspach as executive officer Switzerland

Spanish boutique launches its first Ucits credit fund
Madrid-based Arcano Asset Management has launched its first Ucits credit fund, citing demand from Ucits investors for credit fund investment opportunities based on floating assets and with low interest rate risk

HSBC banker joins Jefferies as European co-head of leveraged finance
Jefferies has made a big hire to its loans business in London, Creditflux has learned

JP Morgan AM continues ETF expansion with three new hires
Following three senior hires to its ETF business last year, JP Morgan has shown its commitment to its ETFs business with three more hires

Pacific Life rebrands asset management division and appoints CEO
Pacific Life has announced the rebrand of its asset management business to Pacific Global Asset Management and has appointed Kevin Byrne as chief executive officer

Former Morgan Stanley European loan trading head resurfaces on buy side
A Madrid-based manager has hired a senior loan specialist as it launches a new credit fund

SSGA appoints former Unigestion director in top business development role
State Street Global Advisors, the asset management arm of State Street Corporation, has hired Miles O’Connor as head of institutional for EMEA.

Liontrust forms new credit team as high yield PM and Kames pair join the pride
Liontrust Asset Management has hired Donald Phillips to join its new global fixed income team, according to a company statement

Pimco interval fund seeks SEC order allowing it to issue further share classes
The Pimco Flexible Credit Income Fund has sought permission from the SEC to issue further classes of shares

Trailblazing ethical investment fund from Rathbones passes £1 billion
Well before ESG (environmental, social and governance) investing became a buzzword, a Rathbones-managed fund was investing in ethical companies. Now that vehicle – Rathbone Ethical Bond fund – has passed £1.03 billion

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