Axa unwinds short-maturity CLO fund as 1.0 universe dwindles
Axa Investment Managers has recently wound down a fund designed to take advantage of a short-term opportunity in ageing CLO debt tranches

EM local currency boosts Brandywine hedge fund
A switch to emerging markets has proved profitable for Brandywine

New credit fund manager Caius posts 20%-plus returns for 2017
Recently launched credit fund manager Caius Capital has put in spectacular returns so far in 2017, according to investor sources

Debtwire ABS round-up: euro RMBS spreads reach new tights
Spreads have been tightening across the structured credit market; a weekly round-up by Debtwire highlights how an RMBS deal, Residential Mortgage Securities 30, priced at the tightest levels since the financial crisis

Global raters dodged a bullet from the “Catalan Madoff”
At least one global rating agency dodged a bullet by declining to rate a Spanish fund backed by small and mid-market loans that is now being put into liquidation

Scio liquidates structured credit fund after posting 11.5% returns
London-based structured credit specialist manager Scio Capital has announced that is liquidating one of its funds and returning capital to investors

There are reasons to be upbeat, MEP tells securitisation specialists
IMN's 21st Annual Global ABS conference opened yesterday on a note of cautious optimism for the European securitisation market

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.

Alva's 'disruptive' fund joins Creditflux listings
A London-based manager is making waves with a tech-focused credit fund

Black Diamond credit hedge fund joins Creditflux listings
Black Diamond Credit Strategies Master Fund is the latest addition to Creditflux’s growing hedge fund listings

Prytania fund registers big gains after transitioning from CLO debt to equity
Prytania Investment Advisors has continued its impressive start to 2017

Avenue to call it a day in European direct lending
Avenue Capital Management has pulled the plug on its European direct lending business

Index curve trades boost LMCG credit fund
Credit index curve trades have boosted LMCG’s Serenitas Credit Gamma Master Fund

LMCG credit fund turns defensive after near 4% one-month return
LMCG’s Serenitas Credit Gamma Master Fund posted a return of 3.58% for February, according to a note sent to investors

Capital Four targets loans ahead of CLO technical
Copenhagen-based hedge fund manager Capital Four says its credit opportunities fund is shifting further into leveraged loans to take advantage of a strong bid by warehousing CLOs

CLO fund manager posts 68% IRRs thanks to active trading strategy
A CLO fund managed by a Greenwich-based credit manager has recorded stellar returns in its first year

Acis, Marathon, PGIM join Creditflux hedge fund listings
Marathon Loan Opportunities Fund is one of several funds to join the Creditflux hedge fund performance tables this month

Capital Four makes gains as Takko revives
Capital Four Management’s credit opps fund makes a strong start to 2017

Long-short strategy pays off at Brookfield
The ability to go short the credit market has proved valuable to many hedge fund managers recently

Bain and Oaktree produce strong returns in credit for US pension fund
San Francisco Employees’ Retirement System has acknowledged the strong performance of its credit managers after the UK’s vote to leave the European Union rocked financial markets

Pension fund to grant US high yield manager a second chance
A large asset manager has consistently failed to beat its return targets and has recently lost its key high yield portfolio manager. However, the firm appears to be oncourse to secure a one-year contract extension