SSGA reports healthy income and AUM boost in Q4 2017
In its earnings release yesterday, Boston-headquartered State Street Global Advisors reported a rise in net income to $687 million for fourth quarter 2017, up from $648 a year earlier – a 19.1% increase

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

BlackRock's AUM increases 22% in a year as ETFs contribute to growth
BlackRock’s assets under management have surpassed $6.2 trillion following “a record year” for the firm in 2017, company officials said in a recent earnings call

Alcentra hires former BlackRock US loan and CLO chief
Alcentra has announced the appointment of Leland Hart as managing director and head of US loans and high yield

Denver manager raises $22 million for structured credit fund this year
The Wickapogue Structured Credit Fund, launched in November 2016, has raised about $22.2 million according to a regulatory filing

CSAM closes unit it launched to take minority stakes in hedge fund managers
Credit Suisse Asset Management is unwinding Anteil Capital Partners, the private equity unit it set up to take minority stakes in hedge fund firms, according to a market source

BNY to merge three of its asset managers
BNY Mellon Investment Management plans to merge three of its managers into one entity that will oversee $560 billion in assets

Sound Point fund sees inflows of $740 million over 12 months
A Sound Point Capital Management fund is creeping closer to an expected $1.25 billion soft close

Anchorage raises $43.5 million for short credit strategy in 12 months
New York-based Anchorage Capital Group has raised a total of almost $45 million for its short credit strategy in a year, according to US SEC filings

LA pension fund monitors high yield manager Aegon amid SEC investigation
The Los Angeles City Employees Retirement System (Lacers) is currently monitoring its high yield manager Aegon, which is under SEC investigation

CLO-savvy insurance company hires two for top credit investment roles
An insurance company, which has made a name for itself in supporting CLO managers with risk retention capital, has made a pair of big hires to its credit investment business

Long-short manager Kingdon grows its credit fund
Kingdon Capital Management's credit assets under management have increased over the last year, SEC filings suggest

Phoenix credit funds still flying high with $28 million raised over 12 months
Phoenix Investment Adviser has been hard at work attracting new investors to its credit funds --boosting its credit assets by $28 million, regulatory filings suggest

Highbridge raises $12 million for tactical credit fund
Highbridge Capital Management has raised $12.3 million for a tactical credit fund, filings reveal

Former head of Milken family office raises $118 million for credit fund
A firm run by the former head of Michael Milken’s family office has raised $118.3 million for an opportunistic credit fund

Hartford-based Newfleet adds head of business development to its team
Newfleet Asset Management has brought in William Irvine as a senior managing director and head of its institutional business development platform

Credit manager wins $200 million mandate from Texas pension fund
A west coast asset manager will be responsible for a separate account which will invest opportunistically across the credit market

New York insurer brings in corporate credit portfolio manager
Corporate credit portfolio manager joins insurer after 12 years at PartnersRe