Insurer announces 51bp operating expense hike for debt securities fund
Pacific Life Insurance Company has announced a subadvisor swap and sharply increased expenses on its Inflation Strategy portfolio

Riverstone debuts new credit strategy
Riverstone Credit Partners has launched a new credit strategy but has yet to make sales, regulatory filings reveal

The Hartford reports hurricane-related losses for Q3
The Hartford suffered net income outflows of $204 million and core earnings losses of $191 million in third quarter 2017, citing natural disasters as a cause

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

CVC hires Nomura's head of credit structuring for senior CLO role
CVC has hired a global head of CLO origination to join its New York office

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)

ICG hires to its US marketing team
A few months after hiring a managing director for the western region of the US, ICG now hires for the southern states

Angel Oak poaches west coast portfolio manager from Wells Capital
Atlanta-based Angel Oak Capital Advisors has appointed a new portfolio manager in its Seattle office, according to a company announcement

Taconic raises $600 million for European credit strategy
New York-based institutional investment firm Taconic Capital Advisors has raised $600 million in commitments for a European credit dislocation strategy, according to market sources

Pimco fund edges closer to $5 billion hard cap with new pension fund injection
Pimco's special situations fund, already above $3 billion, has picked up fresh inflows from a Pennsylvania pension fund

Partner leaves Ares's credit group after almost 20 years at the firm
A former fund and CLO portfolio manager, who had spent the last couple of years working in a business development role, has left Ares's Los Angeles offices    

Seasoned credit specialist swaps River Birch for Guggenheim Securities
Guggenheim Securities has poached Jim Seery from credit fund manager River Birch Capital

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

Ohio pension fund drops Penn after rewriting its allocation to high yield
The Ohio Police and Fire Pension Fund (OP&F) decided last month to drop Penn as part of its decision to downsize the high yield asset class, according to a fund announcement

Guggenheim raises $200 million for opportunistic credit vehicle
Guggenheim has raised $200 million for a new opportunistic credit fund, which is backed by three investors to date

Griffin shifts BDC assets to credit fund managed by Bain
Griffin Capital Company has shifted assets from its Capital BDC into a closed-end credit fund, dropping Benefit Street Partners as subadvisor to those assets in the process

Angel Oak joins growth in credit interval funds
Angel Oak is set to become the latest credit manager to target retail investors following in the footsteps of Alcentra, GoldenTree, GSO and Octagon 

They said it: where are interest rates heading?
“There are two opinions on interest rates; one is held by…”

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

FS unveils new closed-end credit fund that can invests in CLOs
FS Investments has launched a new closed-end credit interval fund offering five share classes

Former Credit Suisse managing director joins Blueprint as partner
Blueprint Capital Advisors has added John McAvoy as a partner to its team in New York

Dallas boutique Civitas launches alternative credit strategy
Dallas-based Civitas Alternative Investments has launched a new credit vehicle in the form of two related funds – and has started fundraising for them as it announces plans for further growth

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