Past returns: binomial expansion model was the catalyst for shorting AIG
10 years ago, Creditflux reported on AIG's approach to marking its structured credit book. The article prompted one trader to put on a large short position which profited as AIG turned to the US government for a bail-out

Multi-affiliate fund management firm names senior hire in Melbourne
Australasia-focused Channel Capital, a multi-affiliate house of boutique funds management business, has named a senior hire to lead its newest Australian office

Northern Trust hires alternatives sales manager in London
Chicago-based Northern Trust has announced a new London-based hire, who will be tasked with spearheading sales across the alternatives fund sectors in Europe, Middle East and Africa (EMEA)

State Street appoints managing director in newly created Asia-focused role
State Street Global Advisors, the asset management arm of State Street Corporation, has announced the appointment of Betty Ng as managing director

Man Group taps former Lazard professional for marketing role in Hong Kong
Investment management firm Man Group has appointed a new managing director within its institutional sales team in Hong Kong, the company announced on 13 December

Another fund manager opens Seoul office to target institutional investors
Australian institutional fund manager IFM Investors has announced the opening of a new office in Seoul, South Korea, as well as the appointment of a client relationship director

Adams Street opens Seoul office amid US managers' push into South Korea
Adams Street Partners has launched an office in South Korea and appointed a former Lazard Asset Management professional to run the operation

Carlyle's co-founders step down as new leadership team is unveiled
The group names two Co-CEOs and a Co-CIO – but claims its three co-founders will continue to be actively engaged at Carlyle

Sell-side credit analysts land at Muzinich in London
Muzinich has raided Citi and Deutsche Bank for credit analysts with Richard Smith and Terence Teh joining the firm in London

Harvest hires former RBC credit trader in Hong Kong
Harvest Global Investments has added a fixed income portfolio manager to its office in Hong Kong

GoldenTree hires JP Morgan executive to head new Australian office
New York-based credit specialist GoldenTree Asset Management has opened an office in Sydney - and hired a JP Morgan executive - as part of its push into the Asia-Pacific region

M&G Investments hires Credit Suisse securitised product finance head
London-based M&G Investments hires well known structured credit specialist Vaibhav Piplapure for investment role including SME loans

Capital raising specialist First Avenue launches Korea office
First Avenue, a capital introduction firm with a big focus on private credit, has announced that it has opened an office in Seoul.

Imperial brings in emerging market veteran to its London offices
Imperial Capital says that it has hired John Gibbens to work in its emerging markets sales and trading division in London

Bfinance hires to its London and Sydney offices
Pension fund consultant Bfinance has made three hires to its team

Pimco takes team-based approach to EM credit after ex-GoldenTree official exits
A senior emerging market official has left Pimco and the firm is now opting to assign fund management duties to four officials based across the US west coast, London and Singapore

Former CIFC special situations head resurfaces at $30 billion credit manager
CIFC's former head of special situations has joined a $30 billion credit manager which became an independent firm in March 2016, according to market sources.

Morgan Stanley hires credit trader in Hong Kong
The Asian credit market continues to exhibit signs of growth with market sources indicating that Morgan Stanley has added an Asia-focused credit trader to its team

Asia-focused macro fund hires BlueCrest's former head of US credit
A Singapore-based fund manager has hired a senior official to invest across the US credit market

Carlyle thinks big with new Asian structured credit fund
Carlyle is aiming to launch an Asian structured credit fund which could reach $1 billion, after hiring a number of professionals in Hong Kong in recent months