NN launches emerging market debt fund
Dutch asset manager NN Investment Partners has launched a new fund that invests in debt instruments issued in hard currency (USD-denominated) by emerging market sovereign and corporate issuers

T. Rowe to reduce assets and change investment objective for bond mega-fund
T. Rowe Price is seeking to change the investment objective on its $2.65 billion International Bond fund – while also reallocating $850 million in assets away from the fund

Columbia unveils new Luxembourg-domiciled global credit strategy
Columbia Threadneedle has unveiled its newest credit fund, which will emulate the investment approach taken by its €2 billion predecessor fund

Victory Park partnership fund to focus on fintech in emerging markets
Chicago-based Victory Park Capital has launched a new fund together with the International Finance Corporation, with the new vehicle to invest in financial technology companies in emerging markets

Anchorage wins $75 million ticket for global credit fund
A US pension fund has approved an investment in the upcoming Anchorage credit fund

SSGA appoints global head of institutional group
State Street Global Advisors has appointed former APAC head Lochiel Crafter as head of its Global Institutional Group. James MacNevin will now take over Crafter's former role 

EM manager crosses $2 billion fundraising mark across four debt funds
London-headquartered Ashmore Group has now raised more than $2.3 billion in total between four of its Luxembourg-domiciled emerging market debt funds, regulatory filings indicate

BlueMountain hires former Pine River credit specialist
BlueMountain Capital Management has hired credit specialist Colin Teichholtz as global governments and agency mortgage-backed securities head

Franklin Templeton launches emerging markets bond fund
London-based Franklin Templeton Investments yesterday announced the launch of its Templeton Emerging Markets Local Currency Bond Fund

Eaton Vance launches EM debt fund to invest "beyond the benchmark"
An Eaton Vance subsidary has launched the International (Ireland) Emerging Markets Local Income Fund

HSBC announces $550 million second close for diversified loan fund
HSBC Alternative Investments has announced the second close of its diversified loan fund, which will combine both loan investing and direct lending

Past returns: pension scheme gets stung after regulators rewrite CLO rules
Five years ago, we reported that US pension funds were boosting their allocation to euro-denominated credit. One institution in particular led the way by supporting the first European CLO to be issued since the global financial crisis

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

Up-and-coming fund manager Revolution makes big structured credit hire
Sydney’s Revolution Asset Management has made a big hire, signalling its intent in the global structured credit markets

BNY Mellon launches new emerging market debt fund
The New York-based manager launched the fund – which will be available to investors across the UK, Europe and Asia Pacific – following what the firm describes as a “dramatic transformation” in emerging market debt 

BNP Paribas AM launches emerging markets fixed income fund
BNP Paribas Asset Management has announced the launch of an emerging markets fixed income mutual fund – and says it plans to launch further mutual funds in the coming months

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

South Korean brokerage finds CLO warehouses good for Seoul
Appetite for CLO warehouse risk has re-awoken in South Korea, with sources indicating that a Seoul-based brokerage is looking to provide first-loss capital in CLO warehouses globally.

The biggest credit stories in 2017
CLO ramp-up risk, new risk retention proposals and new CLO joint ventures were in the headlines last year. Here, Creditflux reveals the most read stories of 2017

Northern Trust hires alternatives sales manager in London
Chicago-based Northern Trust has announced a new London-based hire, who will be tasked with spearheading sales across the alternatives fund sectors in Europe, Middle East and Africa (EMEA)

Infrastructure manager raises $6.5 billion in equity and debt mandates
Global infrastructure manager IFM Investors raised $6.5 billion in infrastructure equity and debt globally between 1 July 2016 and 30 September 2017

Australian-European credit manager unveils plans for listed fund
Australian secured credit fixed income specialist Gryphon Capital Investments has announced plans to list a trust with an objective of paying a 5% per annum coupon paid on a monthly basis

Investors pledge cash after turning to direct lender Prestige
Just like every magic trick has three parts, every fundraising has three stages: building a track record, marketing and, the most difficult, delivering strong returns. Prestige is clearly performing well as it gains three investor mandates

Carlyle's co-founders step down as new leadership team is unveiled
The group names two Co-CEOs and a Co-CIO – but claims its three co-founders will continue to be actively engaged at Carlyle