Law firm Reed Smith hires finance funds partner from rival firm
Bronwen Jones, formerly of law firm Macfarlanes, has joined Reed Smith’s financial industry group in London as a partner

Man GLG appoints credit portfolio manager
London-headquartered fund manager Man GLG has promoted Andrew Freestone to credit portfolio manager

MFS hires former BlackRock fixed income portfolio manager
London-based MFS Investment Managmeent has appointed former BlackRock’s Owen Murfin as an institutional portfolio manager

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

First Avenue principal joins Pantheon in London
Pantheon has hired London-based Justin Mallis from global placement agent First Avenue Partners

Allianz's asset management business drives strong group results for 2017
Third-party net inflows for the group's asset management business hit a record €150 billion for the year as customers were drawn to top-performing funds, the company said on Friday

Natixis AM reports $1 trillion AUM in 2017 results
Paris-headquartered Natixis has reported solid growth, and an end-of-2017 AUM of $1 trillion, for its asset and wealth management unit

Credit Suisse reports annual loss - but insists it's on the mend
Credit Suisse has reported an annual loss for 2017 – posting a full year net loss attribute to shareholders of CHF983 million ($1.05 billion) in its earnings release today

Joint offering from Allfunds and INTL FCStone targets institutional investors
New York-based financial services firm INTL FCStone Financial has entered into an agreement offshore mutual fund distribution platform Allfunds Bank, which offers access to more than 57,000 funds

Investec AM announces leadership succession plan
Investec Asset Management has announced its leadership succession plans following the retirement of Investec Group's chief executive officer and managing director

Axa IM launches lower-cost share class for £1 billion distribution fund
Axa Investment Managers has launched a lower-cost share class for its £1 billion ($1.45 billion) Axa Lifetime Distribution Fund, the fifth fund in Axa’s distribution range

GSAM poaches AB’s Ashish Shah as global corporate credit head
Goldman Sachs Asset Management's fixed income team has hired Ashish Shah as partner and head of global corporate credit, according to an internal memo seen by Creditflux

Ex-BlackRock fixed income pair launch cryptocurrency fund
A pair of former BlackRock bond specialists are launching a London-based cryptocurrency hedge fund known as Prime Factor Capital

HSBC poaches L&G's Faucher as passive fixed income head
HSBC Global Asset Management has hired former Legal & General’s Sebastien Faucher as passive fixed income head

UK lender Goji teams with Prestige to launch renewables lending bond
Marketplace lender Goji has partnered with direct lender Prestige to launch an ISA-eligible "renewables lending bond"

Makuria brings in over $900 million for special situations-focused credit fund
London-based Makuria Investment Management has received $918 million in capital commitment for its credit fund, according to market sources

Ironshield guards against future stress in Europe
The withdrawal of quantitative easing in Europe, coupled with rising interest rates, could lead to increased volatility and improved credit selection opportunities, especially among low-grade credits

Managers predict skill will win out
We asked managers to predict the year ahead across a range of credit strategies. Overall, they had a positive outlook. By Grace Jennings-Edquist

US power generators: Falling prices spark bankruptcies
As renewables and gas undercut traditional power generators, bond holders are preparing for price shocks. By Euan Hagger

European manager launches global credit fund
London-headquartered Mirabaud Asset Management yesterday launched a new Global Diversified Credit Fund, further committing to its fixed income strategy.

High yield portfolio manager returns to Allianz GI after leaving Amundi
Sébastien Ploton has rejoined Allianz Global Investors as a high yield portfolio manager - two years after leaving the firm

Al Gore and David Blood's Generation to drop credit strategy
London-based Generation Investment Management, cofounded by former US Vice president Al Gore and Goldman Sach’s David Blood, has decided to drop its global credit strategy and invest solely in equities

Pioneer marketing veteran moves to Fidelity after 16 years
Fidelity International has announced the appointment of Hugh Prendergast as 'global head of product', in what is understood to be a marketing role

Ropes & Gray announces 33 promotions including finance and hedge fund professionals
Law firm Ropes & Gray has promoted 33 lawyers to counsel of the firm, with the attorneys representing a range of practice groups including finance, investment management, hedge funds and private investment funds