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

HSBC Global launches three Icav fixed income funds
The three fixed income funds will sit on HSBC's new Dublin-domiciled Icav platform aims to facilitate access to funds globally 

AB targets financials with new global credit fund
Global investment manager AB (previously known as AllianceBernstein) has today announced the launch of a new global Ucits credit fund – AB Financial Credit Portfolio

Columbia Threadneedle appoints HY portfolio management head in London
Roman Gaiser has rejoined Columbia Threadneedle Investments, this time as head of high yield portfolio management for EMEA

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

JP Morgan launches four fixed income ETFs
"We see particular opportunities for growth and adoption of fixed income strategies within ETFs which is why we’re heavily investing in this space” 

Texas pension fund ups commitment to CQS opportunities fund
The $29.7 million pension fund mandated $50 million to CQS Directional Opportunities Feeder Fund on 1 June

JP Morgan AM bolsters ETF business with six hires
 As JP Morgan Asset Management expands its ETF product offerings across Europe, the firm has hired several specialists across Europe

JP Morgan AM strengthens fixed income team with several new appointments
Karine Mercado, Rohan Duggal and Claire Cullen join the investment team at JP Morgan Asset Management  

London pension funds pick CQS as first manager for new credit fund of fund
London Collective Investment Vehicle (London CIV), a fund for London pension funds, has announced the launch of its first fixed income offering – LCIV MAC fund

Ashurst promotes five debt specialists to partner
Global law firm Ashurst has announced the promotion of 24 to partnership - including Kerion Ball, James Knight, Laura Ho, Tara Waters and Caroline Smart

Stamford Associates' head of fixed income joins European credit manager
The head of fixed income at Stamford Associates, Timothy Smith, has moved to the buy side

LGIM chief executive officer Zinkula steps down
Legal & General Invesment’s (LGIM) chief executive officer Mark Zinkula will step down from his position in August this year following his retirement

Higher leverage is on the horizon - but, for now, take in the MFN sunsets
It’s clear from our analysis of most favoured nation protections and sunsets that strong demand for loans is enabling borrowers to insist on advantageous terms even as they increase leverage

Spire moves into CLO investing with new credit fund
European corporate credit specialist Spire Partners has raised roughly €100 million for a multi-strategy fund that will have the ability to invest in CLOs

Points up front: World Cup simulation shows models don’t work
England as fourth favourites? Pull the other one

Experienced CSAM holds off boutiques to win biggest prize
Credit Suisse Asset Management became a two-time winner of the Creditflux Manager of the Year award last month after picking up the 2018 trophy in front of a packed house at London’s Landmark Hotel on 9 May

Hermes launches £185 million unconstrained credit fund
London-based Hermes Investment Management has launched a new Ucits-compliant unconstrained credit fund - which will include pricing ESG risks

Credit Agricole hires head of US credit trading and head of ABS syndicate
Credit Agricole has strengthened its US credit platform by hiring Anatoly Nakum as head of credit trading for the Americas, and Beth Starr as head of ABS syndicate for the same region

Robeco launches SDG-focused credit fund
Robeco and RobecoSAM, its affiliate which is focused on sustainable investing, have teamed up to launch a new credit strategy which aims to achieve the United Nations Sustainable Development Goals (SDGs)

BlueBay hires former Henderson credit head
Fixed income specialist BlueBay Asset Management has appointed former Henderson credit head Stephen Thariyan to a newly created role of co-head of developed markets