TD builds out European credit trading arm with key hire
The Canadian-based investment bank has strengthened its European credit trading business with a senior credit trading official 

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 

High profile figure in SRT market leaves Nomura in London
A well known figure in the significant risk transfer (SRT) space has parted company with Nomura in London, sources say.

SANNE appoints co-heads of private debt and capital markets
SANNE, an alternative fund and corporate administration services provider, has promoted Stephanie Hopkins and Stephen McKenna as co-heads private debt and capital markets Emea

Direct lenders express concern over proliferation of ‘adjusted ebitda’ terms

Consultant calls on investors to quiz managers over ESG processes
The lack of consistent and reliable data seems to be a major challenge when embracing environmental, social and governance (ESG) criteria across private equity, infrastructure and credit.

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

Portfolio managers continue to be pessimistic on credit outlook, survey finds
A survey by the International Association of Credit Portfolio Managers states that 56% respondents believe average corporate default rates will increase over the next 12 months 

Investors eye alternative credit ahead of expected interest rate increase – report
Investments in alternative credit are set to rise among institutional investors over the next 12 months, according to an alternative credit report published by NN Investments Partners

European loan portfolio manager parts ways with CQS
A European leveraged loan portfolio manager at London-based CQS  has left the firm, Creditflux has learned

Carlyle bolsters credit opportunities team with two senior hires
Carlyle has announced the appointment of Taj Sidhu and Philip Moore in the firm's credit opportunities team

Standard Chartered plans refocused SRT return
One of the biggest issuers of significant risk transfer (SRT) deals is returning to the market

Schroders appoints credit specialist to fixed income team
Schroders has appointed a former BlackRock credit specialist as an investment director focused on Schroders' credit strategies

Neuberger's Dyal acquires minority stake in HPS
Dyal Partners, a division of Neuberger Berman, has acquired a minority equity stake in global credit manager HPS Investment Partners

Tikehau poaches Commerzbank leveraged loan trader
Tikehau Capital has appointed a secondary loan trader in its London-based CLO and leveraged loan fund team

Investcorp brings in European credit portfolio manager from Rothschild
Investcorp has appointed Dominic Courtman as portfolio manager and director of its European Credit Management business (ICM EU)

Alcentra appoints Rajguru as global chief investment officer as Hatfield retires
Alcentra has appointed Vijay Rajguru as global chief investment officer effective 2 July 2018, a spokesperson for the company has confirmed to Creditflux, following Paul Hatfield's decision to retire from the firm at the end of the year

Lynx appoints former Swedish pension fund alternatives head as partner
Swedish hedge fund manager Lynx Asset Management has appointed Martin Källström as partner and member of its management team

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 

Michigan pension fund looks to commit $80 million to debt funds
The $114 billion Michigan pension fund is looking to commit to two private debt funds managed by London-based Kreos Capital and New-York headquartered MidOcean Credit Partners

Axa IM brings in global head of fixed income
Axa Investment Managers has appointed Hans Stoter as global head of fixed income, Creditflux has learned

Aviva restructures investment platform and creates new credit unit
The London-based manager hopes the restructuring - which includes a new new credit business, multi-asset and macro unit and a new solutions line -  will "improve processes and idea generation across team"

CEO of TCW's European business joins Investcorp
Investcorp Credit Management has poached the chief executive officer for TCW Europe Heinrich Riehl

New regulations set to spur Swedish state pensions' investment in illiquid credit
A new proposal on investment guidelines giving four of Sweden’s state pension plans greater freedom to invest in private markets, including illiquid credit, is progressing through the Swedish parliament