Ice seeks consensus with credit risk analytics service
Intercontinental Exchange (Ice) has launched ICE Credit Risk, a suite of analytics it will provide in collaboration with financial risk assessment company Credit Benchmark

GoldenTree names president as Matza retires
The credit manager has appointed an ex-JP Morgan Asset Management official as partner and president 

High beta's time to shine in next leg of rally, says BAML
High-beta credits have yet to reward expectations they would lead the market rally in 2019, but this is about to change, according to a research note by Bank of America Merrill Lynch

Index tranche levels spike as investors advance into equity
Trading of credit index tranches is picking up, with some $61 billion worth changing hands in the space during the first quarter, according to data from the Depository Trust & Clearing Corporation

Investors back multi-asset funds for high yield gains
Multi-asset funds that include credit have become popular among institutional investors.

Barclays re-hires credit structurer
A credit structurer in London has returned to Barclays after taking a career break from the bank

SC Lowy hires Nomura trading head to drive European loan business
SC Lowy, the Hong Kong headquartered fixed income boutique, has hired Nomura's head loan trader in Europe

Antares co-founder departs from firm
This follows the departure of other co-founders in recent months 

Deutsche and Commerzbank CDS provisions amended as German protocol hits delay
The Determinations Committee has amended its statement on the seniority of Deutsche Bank and Commerzbank obligations following a delay to implementation of a German bank CDS protocol

16% of insurers plan CLO allocation increase, survey finds
Goldman Sachs Asset Management has released its annual insurance asset management survey

Blackstone follows in footsteps of KKR and Ares by converting to corporation
The conversion is anticipated to be effective from 1 July

Chicago pension fund seeks fixed income managers
Policemen's Annuity and Benefit Fund of Chicago (PABF) has launched two requests for proposals (RFPs) searching managers for its core fixed income and core fixed income portfolios.  

Texas pension fund looks to top up credit portfolio
Texas County & District Retirement System (TCDRS) has decided to increase by 3% its target allocation to strategic credit  

Carmignac adds global credit Ucits strategy to its range
The fund will be co-managed by Carignac’s head of credit Pierre Verlé and fixed income fund manager Alexandre Deneuville

New manager Resco lands ex-credit head to found advisory board
Resco Asset Management, a London based asset manager set up last year, has appointed the first of an anticipated three advisory board members

Man GLG adds credit portfolio manager in London
Man GLG has appointed a lead portfolio manager from Aventicum Capital Management

Triple B fightback has begun, says BNP Paribas
Fallen angel risk – the possibility that a wave of triple B credits could be cut by rating agencies to sub-investment grade – should begin to decline, according to strategists at BNP Paribas

Dechert adds funds partner in London office
Law firm Dechert has expanded its fund practice with the appointment of a partner from Akin Gump 

Short resets take CDS indices wider at March roll
CDX and iTraxx credit derivative indices are rolling into new series today, with short position resets taking the incoming series 31 of the Europe main index wide of where series 30 closed yesterday

Investors eye trade finance as alternative to direct lending
Institutional investors are turning their attention towards trade finance funds in a bid to reduce duration risk within their portfolios, sources say.

CDS relative value traders shift their bets as Europe trades inside US
Credit derivative markets have hit a point of position cutting and resetting, with the iTraxx Europe index having dipped inside its US counterpart CDX IG for the first time since December even as the European Central Bank’s new funding programme underwhelmed financials traders

BlackRock to merge infra and real estate platforms as key figure departs
BlackRock is restructuring its infastructure and real estate platforms into a real assets division, sources say

Isda extends German CDS protocol deadline beyond March index roll
The International Swaps & Derivatives Association (Isda) has extended the deadline for market participants to adhere to its German bank CDS protocol after it became clear a number of affected parties would not be signed up in time

Illiquid credit boost returns for PensionDanmark
PensionDanmark has generated 5.8% returns from its illiquid credit portfolio for the year 2018, according to its latest annual report published today. But its liquid credit portfolio took a 3.4% hit

US and UK sound post-Brexit derivatives regulatory accord
The US Commodity Futures Trading Commission (CFTC) and the Bank of England have issued a joint statement assuring derivative market participants of continued access to trading and clearing after the UK’s exit from the European Union