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

Fund of fund manager allocates to Rose Grove Capital credit funds
One of the most active fund-of-fund managers in credit has recently invested with Rose Grove Capital, according to regulatory filings

FRN specialist returns to Mizuho after leaving Deutsche Bank
Mizuho says that Traci Creange has re-joined its fixed income team as head of US floating rate note credit trading

Mid-west pension fund approves credit allocations to KKR and Avenue
A mid-west pension fund has upped its allocation to KKR’s latest direct lending strategy

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

T Rowe Price launches US high yield fund after taking on Henderson team
T Rowe Price Group has raised a US high yield fund, which will follow a total return investment strategy.

BTIG raids rivals for high yield and distressed talent in New York
BTIG has added three more professionals to its team – taking its tally to 17 hires in fixed income since the start of the year

BlueMountain appoints director of research in New York
Alternative credit specialist BlueMountain Capital Management has announced that Michael Mouboussin is joining the firm in the newly-created role of director of research in New York

Ivy wraps around PineBridge for new high yield credit fund
Fund operator Ivy Investment Management Company has announced that it has partnered with PineBridge Investments to produce Ivy PineBridge High Yield Fund

Direct lending hopeful Advent appoints chief of staff
$9 billion asset manager Advent has brought in a chief of staff and strategy

Eaton Vance targets global credit with new Ucits fund
Eaton Vance Management has announced the launch of Global High Yield Bond Fund

It's essential to be senior in the capital structure
Concise Capital's Glenn Koach takes our credit quiz

Highland shelves plans for format switch as interval funds gather pace
Instead of converting a mutual fund into an interval fund, Highland is looking to launch an interval fund - viewed as a investor-friendly alternative to BDCs - from scratch 

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

Past returns
We wind back the clock to the last time investors were hedging French credit ahead of an election and to when one of the best known CLO investors filed an IPO

Crestline hires as its fund financing business takes off
Crestline Investors has announced that it has completed $450 million in transactions for a niche strategy, which revolves around providing financing solutions to mature private equity-style funds

Senior distressed specialist leaves GSO after fund closure
Shortly after shutting down its distressed debt fund, GSO Capital Partners is understood to have parted company with a senior managing director and key figure in its distressed business

Credit managers morph into eco-warriors as ESG demand escalates
Credit market participants are watching their carbon footprint with green and ethical investing being all the rage

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

Move up the stack to avoid implosion
Pundit warns investors to be concerned about return of their principal – but senior loans may be a safe haven as credit yields are squeezed and high yield becomes crowded