Points up front: traders are dedicated, no matter how hot it gets
When a fire alarm goes off, you should make your way to the nearest exit: unless you’re a trader

Libor rise gives timely boost to US loan yields
Competition for US loans among CLOs, ETFs and mutual funds is keeping margins in check. However, the 60bp increase in Libor in Q1 means there’s still reason to pile into the loan market

Fulcrum launches new multi-strat fund with daily liquidity
Fulcrum Asset Management has launched TM Fulcrum Diversified Liquid Alternatives Fund, which will invest across real assets, alternative credit and diversifiers

Investcorp names new co-CEO
Alterative investment manager Investcorp has announced that Hazem Ben-Gacem will become co-chief executive officer, joining current co-CEO Rishi Kapoor

Oaktree's multi-strategy credit platform reaches $2.9 billion
Los Angeles based Oaktree Capital Management's multi-strategy credit platform – which includes Oaktree Global Credit Fund – has hit $2.89 billion as at 31 March 2018  

Canada Life appoints head of credit in London
Canada Life Investments has appointed Rick Wisentaner as head of credit with immediate effect

Canadian pension fund appoints head of credit
Toronto-headquartered Canada Pension Plan Investment Board has appointed John Graham as head of credit investments, effective 1 June 2018

Prytania lands in the US with MD hire to New York office
London's Prytania Asset Management has hired Fahd Basir as managing director to lead its New York office

Cerberus appoints former JP Morgan COO as president
New York-based Cerberus Capital Management has announced three senior leadership promotions: Matt Zames as president of Cerberus, Frank Bruno to co-chief executive officer  and Lee Millstein as president of the Cerberus global investments.   

GoldenTree, KKR and StepStone earn sub-advisor roles for new interval fund
FS Investments is launching a multi-strategy interval fund and has chosen GoldenTree Asset Management, KKR Credit and StepStone Group to act as sub-advisors

Dentons brings in derivatives lawyer as partner
Global law firm Dentons has added Alice Yurke as partner in its capital markets practice, the firm announced yesterday

New Mountain poaches former Partner's Group private debt vice president
New Mountain Capital has poached former Partner’s Group private debt vice president Thomas Libretto as director in New York

Former BNP Paribas global credit head lands new role at Chenavari
A former global head of credit markets at BNP Paribas has been appointed as head of strategic development at Chenavari Credit Partners

Deutsche Bank names new CEO to replace outgoing John Cryan
Deutsche Bank has appointed Christian Sewing as its new chief executive officer. Sewing succeeds John Cryan – who will leave the bank at the end of this month

Palmer Square hires COO from Scout after surpassing AUM milestone
Palmer Square Capital Management has hired Scott Betz as chief operating officer, following the firm surpassing $5 billion assets under management

A credit market in constant flux
Since Creditflux's launch in 2001, we've reported on CLO evolution, trendy new products, regulatory U-turns, and, of course, crashes. Which, we wonder, is coming next?

Join the debate: most memorable moment in credit
At Creditflux we’ve now produced 200 monthly magazines since Fishknife first came up with the idea of tracking the global credit markets in 2001). We asked several key credit industry officials about their most memorable moment in credit

Drug makers: desperately seeking pain relief
With Teva’s profitable Copaxone being undermined by cheaper alternatives, the company is in need of a pick-me-up. By Euan Hagger

Staying afloat in credit takes care and character
In his final article, our columnist sheds light on his identity and has some 'nice' advice for those navigating credit’s changeable oceans

OppenheimerFunds chief executive resurfaces at smaller rival
A senior figure has left OppenheimerFunds and is now chief investment officer at Hirtle Callaghan & Co

Hong Kong's Tor raises $150 million for latest credit fund
A Hong Kong-based firm’s recently launched credit fund has raised sales of $150 million, hitting the halfway mark of its anticipated fundraising, according to a market source

BNY Mellon AMNA taps former Fidelity VP for investment strategy role
BNY Mellon Asset Management North America (BNY Mellon AMNA), which formed last month, has appointed a former Fidelity Investments professional to a senior investment strategy role

Investec hires former GSAM official to its UK strategic client group
Investec Asset Management has further expanded its UK institutional presence with hire of Alastair Leather, who was previously an executive director at Goldman

Hermes to debut ESG unconstrained credit fund
Hermes Investment Management is set to launch an unconstrained credit fund this year