Candriam launches €107 million global bond fund
European asset manager Candriam has launched a €107 million total return bond fund that invests in sovereign bonds, corporate credit and currencies across both developed and emerging markets

Debt communications firm Lucid launches trustee business with four hires
London-based debt issuer communications platform Lucid Issuer Services has made four senior hires and launched an agency and trustee services team

Chinese investment firm pushes into European credit with big hires
A Chinese global investment conglomorate is pushing into the leveraged loans, private debt and high yield space in Europe, and has hired two London-based leveraged finance specialists

Founder looks to take structured credit manager Zais private
Founder Christian Zugel has bid to take Zais Group private, ending its two year stint as a public company

Willis Towers Watson blends rare mix of assets for credit fund of funds
New commitments take fund size to $1.8 billion

London-based EdenTree launches short-dated ethical bond fund
EdenTree's Amity Short-Dated Bond Fund consists of sterling-denominated short duration corporate and government bonds

Kirkland & Ellis poaches credit fund-focused partner from rival law firm
Anand Damodaran is the sixth partner Kirkland & Ellis has hired from Ropes & Gray this month, company announcements reveal. Earlier this month, Kirkland & Ellis hired a five-partner team focusing on investigations and government enforcement.

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

Marketing specialist earns promotion at Muzinich with new global role
Muzinich has promoted Josh Hughes to head of global distribution 

Head of credit earns promotion in reshuffle at Kames
Head of credit Stephen Snowdon and senior fixed income specialist Adrian Hull have been promoted to co-heads of fixed income at Kames Capital

Reg cap trades spawn a secondary market, but not as we know it
It’s small, and at its early stages, but a secondary market is emerging for risk transfer deals

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

Cheyne hires former BlueBay official Robertson to lead new credit unit
Cheyne is targeting below investment grade credit and has hired the former global head of leveraged finance at BlueBay to lead a newly-assembled team of three

20-year Citi veteran earns promotion to head of European credit trading
Citi’s global head of distressed debt has been promoted to head of credit trading for Europe, the middle east and Africa, officials at the bank have confirmed

Ares brings in leveraged finance specialist Higgins as partner in credit group
The former global head of long-only credit strategies at BlueBay Asset Management has resurfaced at Ares Management in London

PGIM hires credit trader for its European high yield business
PGIM is understood to have hired a credit trader from a leading sell-side firm for its high yield debt business in London

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

Citi adds to high yield sales team in London
Citi has announced that it has hired high yield sales specialist Richard Caldwell in London

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

Ivy wraps around PineBridge for new high yield credit fund
Fund operator Ivy Investment Management Company has announced that it has partnered with PineBridge Investments to produce Ivy PineBridge High Yield Fund

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

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