T Rowe's fixed income head Wiese to step down
T-Rowe Price Group’s fixed income head Ted Wiese is to step down from his role as at 1 May 2019.  The firm has announced that Andrew McCormick will replace him

Former GSO distressed specialist to launch European credit fund - report
Bloomberg reports that Akshay Shah, a former senior managing director at GSO Capital Partners, has launched his own fund management business known as Kyma Capital in London

Pictet launches Asian corporate bond fund
Geneva-headquartered Pictet Asset Management has launched a Ucits-compliant Asian corporate bonds fund

Schroders strengthens fixed income team in London
Global investment manager Schroders has strengthened its global multi-sector fixed income team and has appointed Robbie Boukhoufane and Alan Wilson as portfolio managers

79% of credit managers expect US high yield to widen, survey reveals
The International Association of Credit Portfolio Managers (IACPM) has revealed the results for its latest IACPM Credit Outlook Survey – and the outlook appears to be bleak

GoldenTree, KKR and StepStone earn sub-advisor roles for new interval fund
FS Investments is launching a multi-strategy interval fund and has chosen GoldenTree Asset Management, KKR Credit and StepStone Group to act as sub-advisors

Pinebridge shifts away from investment grade credit
New York-based PineBridge Investments has reduced its investment grade credit allocation from 25% to 20% while increasing its appetite for emerging market credit

KKR and FS Investment close $18 billion BDC platform deal
New York-based KKR and Philadelphia-headquartered FS investments yesterday closed their deal to create the market's largest BDC platform

Strategic Partners' infrastructure fund closes at $1.75 billion
Blackstone’s secondary and fund solutions business, Strategic Partners Fund Solutions, has announced the final closing on the hard cap of $1.75 billion for Strategic Partners Real Assets II

A credit market in constant flux
Since Creditflux's launch in 2001, we've reported on CLO evolution, trendy new products, regulatory U-turns, and, of course, crashes. Which, we wonder, is coming next?

Join the debate: most memorable moment in credit
At Creditflux we’ve now produced 200 monthly magazines since Fishknife first came up with the idea of tracking the global credit markets in 2001). We asked several key credit industry officials about their most memorable moment in credit

Staying afloat in credit takes care and character
In his final article, our columnist sheds light on his identity and has some 'nice' advice for those navigating credit’s changeable oceans

UBS AM debuts second infra debt fund with €448 million raised to date
UBS Asset Management has launched its second infrastructure debt fund, having raised €448.4 million in seed commitments from initial investors for the vehicle

UK and German firms team up to launch global ESG fixed income fund
London-based manager J8 Capital Management and Frankfurt-based investment company Universal-Investment are to launch a new fixed income fund, the companies announced on Wednesday.

Willis Towers Watson raises $620 million for two credit funds
Willis Towers Watson has launched a Group Trust with two credit funds, a spokesperson for the firm has confirmed.

BNY Mellon IM brings Insight bond fund on to its distribution platform
New York-headquartered BNY Mellon IM introduced a new multi-sector bond fund - BNY Mellon Insight Core Plus Fund - which will be subadvised by Insight Investment 

Anchorage wins $75 million ticket for global credit fund
A US pension fund has approved an investment in the upcoming Anchorage credit fund

AMP promotes three within infrastructure debt after fundraising success
Global investment manager AMP Capital has promoted three within its UK and US infrastructure debt team, which it says reflects the record growth of its business

EnTrustPermal makes senior hire in bid to expand aviation financing capabilities
New York-based EnTrustPermal becomes the latest asset manager to expand its aviation finance capabilities as it hires veteran aviation investor John Morabito 

Rockefeller hires ex-Morgan Stanley official as its head of credit
Independent financial firm Rockefeller Capital Management has hired Michael Brakey as head of credit and banking in the firm’s wealth management business

UK pension mega-fund to increase credit allocation following equity reduction
One of the UK's largest pension funds looks set to increase its allocation to credit after reducing its equity allocation by 15%

Natixis rebrands its €324.5 billion asset management unit
Paris-headquartered Natixis Asset Management has rebranded to Ostrum Asset Management in a bid to start aligning its brands, the firm has announced

Capital Group brings in fixed income specialist to Singapore office
Los Angeles-based Capital Group has appointed former UBS official James Blair to lead the firm’s fixed income strategy in Asia Pacific

Western Asset Management puts emphasis on IG credit for listed fund
Western Asset Management Company has renamed its Western Asset Income Fund to Western Asset Investment Grade Income Fund