SSGA reports healthy income and AUM boost in Q4 2017
In its earnings release yesterday, Boston-headquartered State Street Global Advisors reported a rise in net income to $687 million for fourth quarter 2017, up from $648 a year earlier – a 19.1% increase

Morgan Stanley's fixed income sales dramatically dip in Q4 earnings report
Morgan Stanley's sales and trading net revenues took a dip in 2017, with fixed income net revenues in particular down 31% compared to 2016 figures

Goldman earnings reveal 18% decrease in institutional client services revenue
The Goldman Sachs group has reported mixed results in its latest earnings release, revealing a dip in institutional client services revenue in 2017 compared to the prior year, but overall net revenues of $32 billion for 2017

Los Angeles pension fund looks to renew US loans relationship with Bain
A $15.7 billion Los Angeles pension fund is looking to renew its contract with Bain Capital Credit, according to investment committee board documentation

Credit markets ignore geopolitical exposures, suggests Guggenheim
Global credit spreads have spent 2017 tightening, but markets may be ignoring certain risks, according to Anne Walsh, chief investment officer for Guggenheim’s fixed income unit

They said it: the dangers of corporate finance
Cairn Capital's Asif Godall gives his take on companies that don't have a deleveraging plan

Engineering and construction: diversification leads to deepening debt
In trying to build a more global roster of clients, some construction companies may have dug a hole for themselves

BDC reports $25.3 million increase in AUM
FS Investment Corporation (FSIC) has cited the “very competitive” nature of the credit market during its third quarter 2017 earnings release

Spotlight: Local exchange carriers - calling for rescue on the M&A hotline
Growth-starved US phone companies are seeing consolidation as the best way to improve performance

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

Investing ethically is worth it
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe

Libor switch adds to squeeze on CLO equity
An option at the disposal of loan issuers could give CLO equity investors a serious headache

Apollo to liquidate last 1.0 CLO today with $67 million loan b-wic
Apollo Global Management is set to redeem its last outstanding 1.0 CLO via a loan b-wic later today, according to market sources

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

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

Former BNP Paribas credit prop trader joins volatility-focused fund manager
Former credit prop-trader joins multi-asset derivatives and volatility-focused fund manager in New York

Former UBS trader joins London-based credit hedge fund manager
Portfolio manager abandons new company and joins leading UK-based credit hedge fund

CMBS fund loses long term head of business development
Stamford-based Sorin Capital Management has lost its long term head of business development and co-chief operational officer, according to sources at the fund

US credit hedge fund expands reg cap business with Barclays hire
A US hedge fund manager  has hired a senior credit trader  from Barclays Capital to grow its bank capital relief trading business

Former Natixis credit team looks to flower as Hellebore
A former credit trading team at Natixis hopes to set up one of the biggest new European credit hedge funds of recent times

Former high flyer hatches novel rebirth for new credit firm
GSC founder Fred Eckert plans a novel ownership structure for his new credit venture

Asset manager targets yield-hungry Brazilian investors
Firm with a strong following among Brazilian high net worth individuals 

UBS CLO head lands marketing role at Ares
Former head of CLO origination at UBS Anthony Pawlowski has joined Ares Management in New York