MetLife acquires fixed income manager Logan Circle
M&A activity within the US asset management business is stepping up with MetLife announcing that it will be acquiring fixed income manager Logan Circle Partners

20-year Citi veteran earns promotion to head of European credit trading
Citi’s global head of distressed debt has been promoted to head of credit trading for Europe, the middle east and Africa, officials at the bank have confirmed

Talk of carbon dioxide reduction boosting credit returns is hot air
There are good reasons to adopt a carbon neutral investing philosophy – just don’t expect it to have a major effect on alpha generation

Deutsche Bank withdraws job offer for top fixed income role, says report
In an unusual turn of events, Deutsche Bank is reported to have rescinded an offer to hire a top credit specialist to the role of head of fixed income, reports Business Insider

ECM to run new €100 million investment grade credit fund
Wells Fargo Asset Management says that it has raised a new investment grade credit fund which will be managed by its ECM Asset Management unit

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

Banco Popular becomes first credit to trigger new-style CDS
Isda’s credit determinations committee ruled on Friday that Spain’s Banco Popular has triggered a “government intervention” credit event on its credit default swaps

West coast pension fund tweaks its fixed income portfolio balance
A US pension fund is cutting down on fixed income in favour of an increased allocation to real assets

Senior European investment grade credit trader exits Citi
The head of investment grade single-name credit trading at Citi has left the bank after just nine months

BNP Paribas takes on two credit traders from Goldman Sachs
BNP Paribas is understood to have hired two credit traders from Goldman Sachs to join its investment grade credit trading team in London

EM specialist Stratton Street launches two Ucits credit funds
London-based emerging markets and sovereign credit specialist Stratton Street Capital has become the latest manager to move into the Ucits credit business

Pension giant AP4’s Erlandsson joins Granit to raise green credit fund
Stockholm-based asset manager Granit Fund has made a big name hire in credit, taking on Ulf Erlandsson with a view to launching a new green bond hedge fund this year

French financial trades boost European credit hedge funds
Credit hedge funds that play in European financials have posted big gains on French bank credit ahead of this month’s presidential elections.

Aviva adds two to its infrastructure debt team in London
Aviva Investors has announced two hires to its infrastructure debt platform

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

Hedge fund manager adds ex-Commerzbank high yield trader to its team
Expanding hedge fund manager Redhedge has hired an experienced high yield credit trader to its offices in London