Citi reallocates credit index trading as veteran moves to buy side
A senior Citi credit official has expanded his remit following the departure of a veteran credit index trader

Credit funds at a glance

CIFC pushes into US high yield with three senior hires from Millennium
CIFC Asset Management is expanding its high yield investment business and has hired three officials from Millenium Management  

BlueBay adds hire from Schroders to bolster Swiss sales force
BlueBay Asset Management has added a hire from Schroders to deepen the firm’s presence in Switzerland

Schroders appoints deputy head for credit business
Schroders has hired to the newly-created position of deputy head of credit

Texas pension appoints CIO
Teacher Retirement System of Texas has appointed a new chief investment officer, effective from January 2020  

Points up front: Talking his book (which is available on Amazon)
For listed asset managers, an earnings call is generally not the right forum to market or advertise upcoming funds. But it might be exactly the right place to try and sell your book.

Credit CIO Finch leaves GLG
Simon Finch has parted ways with Man GLG, according to market sources, ending an 18-month stay at the firm where he served as chief investment officer for credit

Managers have leeway even after triggering key person event, finds Ropes & Gray
Almost all credit managers offer protection to investors that key employees will continue to manage the fund’s assets throughout its life, with 95% credit funds containing such "key person clauses". But that does not mean managers have their hands completely tied

Wells Fargo AM makes senior marketing hire
Wells Fargo Asset Management has appointed Kelly Vives as head of marketing, according to an internal memo seen by Creditflux

Credit funds at a glance
A round-up of fundraising and people moves in credit

Mediobanca hires former credit derivatives trading head
Mediobanca has hired an experienced credit trader to its office in Milan

Franklin Templeton reorganises long-short credit fund team
Asset manager Franklin Templeton Investments will make changes to the portfolio managers for the Franklin K2 Long Short Credit funds, effective from October

Dechert adds funds partner in Dublin office
Dechert adds official from Maples Group 

Australian pension fund hires head of ESG
The Australian Catholic Superannuation & Retirement Fund has appointed Louise Bradshaw to lead the pension fund’s initiatives in regard to environmental, social, and governance (ESG) investments

Nordea AM portfolio manager joins Capital Four
Capital Four Management has appointed Nordea Asset Management portfolio manager Stine Milling Pilegaard as a director in its Copenhagen office

Credit funds at a glance
A round-up of fundraising and people moves in credit

ICG brings in managing director for client-facing role spanning Austria and Germany
ICG has appointed Julia Beinker as managing director to expand the firm’s client base in Austria and Germany

Last of GSO's co-founders departs
It's the end of an era as GSO Capital Partners co-founder Bennett Goodman (the 'G' in GSO) will step down from the firm at the end of the year 

Cambridge University appoints CIO
The University of Cambridge has named a CIO who previously served at instutituions such as the BBC and Virgin  

Connecticut $36 billion pension hires first chief risk officer
The Connecticut Retirement Plans and Trust Funds has hired its first-ever chief risk officer

BlueMountain lands senior credit trader in New York
BlueMountain has hired an experienced trader in New York to cover credit and special situations

Dutch development bank creates ESG and impact standing committee
The Netherlands Development Finance Company (FMO) has created a standing committee for impact and environmental, social and governance investing

NatWest brings in Nomura's head of credit trading in New York
NatWest Markets has announced the appointment of Michael Papa as head of its US investment grade credit trading and credit strategy.

Barclays rehires high yield credit trader from Goldman Sachs
A high yield specialist has become the second credit trader in as many months to rejoin Barclays from Goldman Sachs