Candriam endorses socially responsible investing with new high yield fund
New York Life Investment Management-owned Candriam Investors Group has announced the launch of a global socially responsible investment (SRI) high yield bond

M&G launches ESG-dedicated high yield fund
Following recent trends for responsible investing, the London-based has ventured into the area launching an environmental, social and governance (ESG) high yield fund. 

Institutional investors look to step up allocations to Ucits funds, finds EY
Institutional investors are eager to allocate more capital towards Ucits and similar European registered funds – but they may struggle to source a sufficient number of opportunities in this space

UBS Asset Management names new fixed income chief
UBS Asset Management has appointed a new head of fixed income, according to an internal memo seen by Creditflux

Closed-end fund Great Elm takes direct hit from falling satellite credit
Listed credit vehicle Great Elm Capital suffers income mismatch as largest position pays-in-kind

BlueBay launches Ucits bond fund
BlueBay Asset Management has launched a new global fixed income fund, with an eye on wealth managers

Aberdeen Standard aims to minimise interest rate risk with new bond fund
Aberdeen Standard Investments has launched a short duration corporate bond fund, just months after the completion of Aberdeen’s merger with Standard Life

Markets are complacent and partying like it’s 2006
Algebris’s Alberto Gallo takes our credit quiz

Payday: Investors go for broke on regulatory bet
New regulations could seriously hamper US payday lenders – but bond holders are betting the rules won’t be enacted

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

Credit fund manager assumes Brown Shipley role following move to London
Brown Shipley has hired a senior credit fund manager who previously worked at Assenagon Asset Manager’s Munich office, a spokesperson confirms

Cheyne raises $400 million YTD for corporate credit fund
Cheyne Capital’s 15-year investment grade corporate credit programme continues to grow its assets – with its 2022 vintage raising over $400 million from investors this year

Carlyle's co-founders step down as new leadership team is unveiled
The group names two Co-CEOs and a Co-CIO – but claims its three co-founders will continue to be actively engaged at Carlyle

Chenavari fund swells assets by $72 million following relaunch
Chenavari has grown assets of a long/short credit vehicle by more than $70 million following the vehicle’s relaunch last year, its co-manager says

BNP Paribas vehicle raises €110 million in one month
The BNP Paribas Short-Term European Securitisation Fund has raised €110 million in just one month after picking up a triple A rating

Hermes wins $400 million mandate to show investing ethically really is worth it
Hermes Investment Management has won a $400 million mandate to oversee a global high yield credit portfolio on behalf of Swedish pension fund giant Första AP-Fonden (AP1)

Former RBS high yield syndication chief resurfaces at Millennium
The former head of RBS's European high yield syndication effort has stepped into a senior role at investment firm Millennium Management.

Sell-side credit analysts land at Muzinich in London
Muzinich has raided Citi and Deutsche Bank for credit analysts with Richard Smith and Terence Teh joining the firm in London

Computer hardware: manufacturers search for reboot button
Hardware firms are struggling for growth. It’s a problem that turning off and on again won’t fix. By Euan Hagger

Alcentra raises €690 million for closed-end credit fund
BNY Mellon subsidiary Alcentra has closed its Clareant Strategic Credit Fund with sales of €690 million. The vehicle, which originally had a target size of €500 million, is dedicated to opportunistic investing in the loans, bonds and structured credit of European companies

Credit funds lawyer becomes seventh to leave Ropes & Gray for rival law firm
Kirkland & Ellis has poached another funds lawyer from Ropes & Gray, naming James Board as the newest partner in its private investment funds team

UBS hires former BAML leveraged finance head in London
UBS has appointed a new managing director to its leveraged loan and high yield bond team. The new hire is a former Bank of America Merrill Lynch and Deutsche Bank levereaged finance specialist

All change as Janus Henderson appoints new global head of fixed income
Janus Henderson Investors has announced the appointment of Jim Cielinski as global head of fixed income. The asset management giant has recently lost its head of credit 

Vanguard launches global credit fund
Vanguard has launched a global credit bond fund that will invest in fixed income securities, according to documents seen by Creditflux

Candriam launches €107 million global bond fund
European asset manager Candriam has launched a €107 million total return bond fund that invests in sovereign bonds, corporate credit and currencies across both developed and emerging markets