Loan total return swaps make their way to Europe following US success
Total return swaps have become a popular way to finance portfolios of US leveraged loans in recent years. And now the product may be about to make it big in Europe too.

PGIM takes top spot as credit market celebrates
PGIM was the big winner at the Creditflux Manager Awards dinner on 3 May after scooping up the coveted manager of the year award

Credit fund manager snaps up BlueMountain's CEO for Europe
BlueMountain has announced leadership changes following the departure of Nicholas Pappas - with sources informing Creditflux that he has signed up with another large fund manager as head of credit

Euro loan managers breathe easy as ECB adopts US-style lending guidelines
The ECB has, to some extent, relented and provided loan market participants with a greater degree of flexibility after this morning posting the final guidance for leveraged lending in Europe

Eaton Vance targets global credit with new Ucits fund
Eaton Vance Management has announced the launch of Global High Yield Bond Fund

JP Morgan loses another leveraged finance specialist to the buy side
Reuters is reporting that a levfin specialist is leaving JP Morgan in London to take up a managing director-level role at a large global credit hedge fund manager

BNP Paribas moves quickly to restaff London high yield trading business
BNP Paribas has moved quickly to restaff its European high yield trading desk, making two new senior hires for the business last week

ECB's crackdown on leveraged lending clears the way for direct lenders
Regulator's plans to limit debt to ebitda ratios in loan transactions could drive traffic out of the capital markets and towards lending funds

BNP Paribas trader joins Aberdeen as head of loans
Aberdeen Asset Management has hired a global head of loans in London, according to a Bloomberg report

Former ICG credit head Kershaw takes non-executive role on Aberdeen fund
Well-known credit specialist Dagmar Kent Kershaw has taken up a position as a non-executive director at Aberdeen Smaller Companies Income Trust

Top credit trader returns to Caxton
A high profile credit trader is rejoining Caxton to lead its European credit unit 

Bfinance hires to its London and Sydney offices
Pension fund consultant Bfinance has made three hires to its team

ICG announces retirement of chief executive
Intermediate Capital Group has announced that its chief executive and chief investment officer, Christophe Evain, is set to retire later this year after 23 years with the firm

Distressed debt firm Strategic Value Partners hires loan originator
Distressed loan specialist manager brings in loans sales head from Spanish bank in London

Parex's bond for loan swap traps CDS holders
French cement firm's move leaves hedge funds abandoning orphan  

Capital Four targets loans ahead of CLO technical
Copenhagen-based hedge fund manager Capital Four says its credit opportunities fund is shifting further into leveraged loans to take advantage of a strong bid by warehousing CLOs

Ex-Lehman pair reunite as NatWest hires corporate credit trading head
Former Lehman duo are reunited in London at RBS's new unit as head of credit and corporate credit trading 

Investec pulls out of emerging market and sterling credit businesses
Emerging markets and sterling credit sales and trading desks to fold at South African lender in London