Ohio pension backs BlackRock multi-asset and BlueBay direct lending funds
BlackRock and BlueBay have each won commitments from a $14.7 billion Ohio pension fund

Nordea turns its focus to Latin America with new corporate bond fund
Nordea Investment Funds has launched a new Latin American corporate bond fund, in collaboration with Chilean group Bice Inversiones

BlackRock adds new ETF to $1.8 trillion iShares platform
BlackRock has unveiled a new addition to its suite of target maturity fixed income ETFs, with the iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) rolling out this week

Hermes to debut ESG unconstrained credit fund
Hermes Investment Management is set to launch an unconstrained credit fund this year

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.

Capital Four credit fund reaches capacity after investors pile in
Danish credit manager Capital Four has hard closed its Credit Opportunities Fund at €500 million, just weeks after announcing the soft closing of that same fund at €350 million

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%

Pension service provider launches £320 million fixed income fund
The Local Pensions Partnership (LPP) in the UK has launched its inaugural fixed income fund at £320 million, according to a 6 March statement

Manchester pension fund awards Stone Harbor £1 billion multi-credit mandate
A £21 billion UK pension fund has appointed global fixed income specialists Stone Harbor Investment Partners to manage a £1 billion multi-asset credit mandate

Oppenheimer and Carlyle launch global credit fund as part of JV
Carlyle Group and OppenheimerFunds International have filed to register the first fund product of their previously announced joint venture. The vehicle will invest in a wide range of credit products including CLOs, direct lending and opportunistic debt

Bless the bonds down in Africa, urges Botswana firm launching two debt funds
An Africa-focused asset management company run by a former Investec and T Rowe Price professional is promoting the launch of one debt fund – and says it now plans to launch another

Redwood gets green light for marijuana-focused bond and equity fund
Ahead of expected legalisation of recreational marijuana use in Canada this year, Redwood Asset Management has launched the world first actively managed, marijuana-focused ETF in that country

WisdomTree reaps benefits of "transformative" 2017 with strong earnings release
The ETF specialist revealed an 18.4% year-on-year AUM growth and fixed income inflows in its latest earnings presentation

Allianz's asset management business drives strong group results for 2017
Third-party net inflows for the group's asset management business hit a record €150 billion for the year as customers were drawn to top-performing funds, the company said on Friday

Energy PE firm Orion closes second credit opps fund at $816 million
Orion Energy Partners, a private equity firm providing capital solutions to mid-market energy infrastructure businesses, has closed its second credit opportunity fund at $816 million

KKR considers switching from partnership to corporation
Global investment firm KKR is considering a change to its legal structure, with the firm’s senior management and board of directors currently evaluating whether to convert from a partnership to a corporation, or C-corp

Ex-BlackRock fixed income pair launch cryptocurrency fund
A pair of former BlackRock bond specialists are launching a London-based cryptocurrency hedge fund known as Prime Factor Capital

New York-based manager launches high yield credit fund
An affiliate of fixed income subadvisor Cohanzick launched a new high yield credit fund on 1 February, according to a market source

Lazard announces 2017 earnings and considers C Corporation structure
Bermuda-headquartered Lazard is considering a ‘C Corporation’ structure, under which the corporation would be taxed separately from its owners

Makuria brings in over $900 million for special situations-focused credit fund
London-based Makuria Investment Management has received $918 million in capital commitment for its credit fund, according to market sources

Texas pension fund re-ups commitment to opportunistic credit fund
Texas County & District Retirement System has further allocated $50 million to Beach Point Capital Management, according to documents seen by Creditflux

CIFC moves into US high yield with unique long/short credit strategy
US high yield credit is hardly top of the agenda for fund managers at the moment, but CIFC Asset Management is taking a two-pronged approach to building out a new business line in this area

Demand for IG outweighs HY as US credit manager launches two funds
A west coast asset manager has launched a high yield strategy and an investment grade fund. The IG option has been more popular thus far

European manager launches global credit fund
London-headquartered Mirabaud Asset Management yesterday launched a new Global Diversified Credit Fund, further committing to its fixed income strategy.