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

BNP Paribas entity winds up debt fund after falling short of AUM requirements
BNP Paribas Asset Management India has wound up an open-ended mutual fund that was launched in 2013 to invest in government securities issued by central and state government

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

UBS veteran joins Rothschild in Sydney-based debt advisory role
Rothschild Global Advisory has appointed Sydney-based Kevin Bush as a senior adviser and a member of its debt advisory team in Australia

Hong Kong manager holds initial close for China credit fund at $350 million
Dignari Capital Partners has held an initial close for its second China-focused credit fund at $350 million, Creditflux has learned

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

T Rowe Price poaches multi-asset professional from BlackRock
T Rowe Price has grown its multi-asset team in the Asia-Pacific (Apac), hiring Wenting Shen as a solutions strategist

Sun Life IM hires Hong Kong-based head of Asia credit research
Sun Life Investment Management has appointed a former Wellington executive as its new head of Asia credit research

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

Middle east direct lending fund registers 17% IRR after successful exits
Dubai-headquartered direct lender NBK Capital Partners successfully exits its $157 million private debt fund, NBK Capital Mezzanine Fund I, with returns of 17% gross IRR

Private credit body ACC scales up activities in Asia-Pacific with new committee
The Alternative Credit Council has announced plans to step up its activities in Asia-Pacific – and has formed a new APAC committee chaired by BlackRock and Adamas executives

Singapore-based asset manager appoints new CIO for multi-asset platform
Eastspring Investments, a subsiduary of insurer Prudential, has appointed a former BNP Paribas Investment Partners executive to a similar role

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

Global consulting firm acquires Japanese multi-management platform
Global consulting firm Mercer, a subsidiary of Marsh & McLennan Companies, has acquired the Japanese hedge fund multi-manager BFC Asset Management

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 

Nomura grabs leverage finance specialist in senior appointment in Hong Kong
Nomura has appointed an experienced debt specialist as managing director and head of debt capital markets for Asia (excluding Japan), according to an internal memo seen by Creditflux

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

Japanese insurance giant acquires minority stake in TCW from Carlyle
Japanese life insurer Nippon Life Insurance Company has completed its previously announced acquisition of a 24.75% minority stake in TCW from Carlyle Group

Debt managers spot opportunity as Australia’s banks face inquiry
Australia’s government announced a long-anticipated royal commission into the nation’s financial services sector on 30 November – and a credit market expert says the move could be good news for debt market participants

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.