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

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

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

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

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

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

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

Top credit trader returns to Caxton
A high profile credit trader is rejoining Caxton to lead its European credit unit 

Past returns: early risk retainers
Five years ago in Creditflux we reported on JP Morgan shutting down its special situations prop trading desk in London

How the credit blockchain revolution was lost
It’s Thursday morning a couple of years in the future and smart trading is about to go live

Bfinance hires to its London and Sydney offices
Pension fund consultant Bfinance has made three hires to its team

ICG announces retirement of chief executive
Intermediate Capital Group has announced that its chief executive and chief investment officer, Christophe Evain, is set to retire later this year after 23 years with the firm

Parex's bond for loan swap traps CDS holders
French cement firm's move leaves hedge funds abandoning orphan  

Capital Four targets loans ahead of CLO technical
Copenhagen-based hedge fund manager Capital Four says its credit opportunities fund is shifting further into leveraged loans to take advantage of a strong bid by warehousing CLOs