Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

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

We only defeat a monster by building a new one
Whatever happened to Lombard Risk? New competition for Bloomberg messaging is a sign of history repeating

Think outside the box
While the US market credit is the most liquid and the UK is considered the home of European direct lending, there are opportunities further a?eld

Talk of carbon dioxide reduction boosting credit returns is hot air
There are good reasons to adopt a carbon neutral investing philosophy – just don’t expect it to have a major effect on alpha generation

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

Tuna fishing with a harpoon is a lot like picking credits
AlbaCore's David Allen takes our credit quiz                                        

Spotlight: Data centres - clear skies ahead for cloud providers
Demand for data centres is strong and there is no sign so far that the market is overheating

Things aren’t always what they seem
Buy CLO triple As but don’t be fooled by diversity scores; take a look at credit index futures if you need liquidity; and watch out for quasi-mid market loans appearing in CLOs

They said it: Two analysts won’t do
“You’ll get smoked”

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

Alva's 'disruptive' fund joins Creditflux listings
A London-based manager is making waves with a tech-focused credit fund

Investing ethically is worth it
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe

Past returns
We wind back the clock to the last time investors were hedging French credit ahead of an election and to when one of the best known CLO investors filed an IPO

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