US pension fund earmarks $375 million for various credit strategies
Massachusetts Pension Reserves Investment Management Board (Mass PRIM) has committed $125 million to distressed, $100 million to aviation investments, while earmarking $150 million for structured credit    

Danske hires PensionDanmark's alternative investment head
Danske Bank Asset Management has appointed a head of alternative investments

Regulation stifles SRTs, but banks and investors revel in quarter-four outperformance
Over the course of 2018 there was roughly €6.5 billion of issuance in the market for significant risk transfer (SRT) deals, sources say, with the last three months understood to be the busiest quarter on record

They said it: I dedicated eight years of my life to it - so yes!
European Banking Authority principal policy advisor Christian Moor is asked whether the creation of the Simple, Transparent & Standardised label has been worth the effort

Securitisation Regulation hits European ABS issuance
Issuance in traditional European ABS has been notably slow in the first two months of 2019 following the introduction of the new Securitisation Regulation.

Mizuho appoints Cairn co-CIO as global markets head in London
The announcement follows the departure of the bank's incumbent head of global markets

Dentons boosts derivatives practice in London with two partner
Dentons has added two partners to its derivatives practice in London

Behave yourselves: EBA policy advisor warns against misuse of securitisation rules
The European securitisation market has come a long way over the last decade, and the message from one policy advisor is clear – don’t do anything to mess it up.

You can’t time everything 100% correctly, but being too early can be a mistake
ArrowMark's Kaelyn Abrell takes our credit quiz

It’s going to be a credit picker’s market
Our panel of experts believe that the credit market will be volatile this year, but there will be opportunities in European credit and additional tier one bonds, trups CDOs and unitranches

Market welcomes Esma loosening of securitisation regs but questions remain
The European Securities and Markets Authority (ESMA)'s revision of the reporting templates that must be completed under the securitisation regulations addresses many of the concerns raised by market participants but leaves some points of difficulty, according to industry lawyers

M&G adds structured credit specialist as ABS portfolio manager
The new appointment will replace former ABS portfolio manager Patrick Janssen, who has taken a larger origination role in the company 

JP Morgan makes big hire to its global credit trading desk
An experienced banker who has covered CLOs, CSOs, loan TRS and credit derivatives, has joined JP Morgan after leaving BNP Paribas 

Majority of investors seek to increase private credit allocations, BlackRock survey reveals
Over half of investors plan to increase their allocation to private credit in 2019, according to an institutional client rebalancing report published by BlackRock

Former London Stock Exchange CEO joins CQS
CQS has moved into 2019 under a new leadership structure with Xavier Rolet being appointed chief executive officer.

Merry Christmas from the EU: Commission gifts regulatory relief to securitisations
European securitisers can breathe a sigh of relief today after the European Commission has endorsed calls to relax its securitisation regulation

Spanish bank prices €972 million SRT with triple As paying 31bp
Cajamar Caja Rural, based in southern Spain, has priced a €972.1 million significant risk transfer (SRT), according to market sources

Cairn sheds light on single-investment SRT fund
Fresh details have emerged on Cairn Capital’s new significant risk transfer (SRT) funds with the manager informing Creditflux that Pathfinder Fund III was structured such with US requirements in mind

Cairn adds two SRT funds to its roster
Cairn Capital has raised $150 million across two significant risk transfer (SRT) funds - with differing mandates - according to an announcement by the firm

M&G structured credit PM takes on bigger fixed income origination role
The structured credit portfolio manager, who is based in Europe, changes focus to sourcing investment opportunities across all areas of fixed income

Blackstone builds on multi-asset approach with fifth fund
The new vehicle will invest directly into Blackstone deals across its alternatives platform

Cairn launches multi-strat fund with SRT investments in mind
Cairn Capital’s significant risk transfer (SRT) business is evolving with the firm launching a multi-strategy fund to invest in these assets