Liquidity is overbought
James Hunt, head of THL Credit, gives his views on the credit market

Chicago-based manager plans CLO return
A manager is in the market with its first CLO for six years

All your CDS models are wrong
It is a common belief that it is simple to extract implied default probabilities from CDS spreads. But, argues Robert Jarrow, the conventional methods are drastically flawed

Madeleine Albright’s firm hires distressed debt specialist
The hedge fund set up by Bill Clinton’s secretary of state hires a distressed credit specialist

CDO investors opt to kick out large asset manager
A large asset manager has been removed from its position overseeing a CDO, according to a regulatory filing

Former JP Morgan credit sales specialist links up with rival dealer
Former senior high yield credit salesperson takes up new role with sell-side firm in London

European CLO joins Creditflux ranking of highest final equity IRRs
Another European CLO has been added to Creditflux’s ranking of the highest equity IRRs for called CDOs

Former head of EM credit trading links up with rival dealer
Former head of EM credit trading with dealer in London takes up new role with rival dealer 

StormHarbour cracks into primary CLOs with its first mandate
StormHarbour Securities has sealed its first mandate as a CLO arranger, sources say

Credit derivatives pioneer joins credit hedge fund manager Orchard Global
Global asset manager hires new head of global credit structuring

CLOs that delivered
Sayed Kadiri hunts among the growing number of called CLOs to find the deals that have delivered the highest final returns for equity investors – and finds one with a 150% return

Technology firm hires former Kingsland structured credit trader
An experienced CDO trader has joined forces with a firm offering structured credit valuations

New York-based manager raises $60 million for new credit fund
Manger raises $60 million for new credit fund

Equities manager pushes into credit with launch of new credit opps fund
New York-based manager raises $24 million for new credit opportunities fund

Sydney-based trader leaves bank as it shifts credit trading to Hong Kong
A bank may be moving its Australian fixed income trading operations to Hong Kong

Emerging markets credit trading head exits role with dealer in London
Head of emerging markets credit trading vacates role with dealer

Equity investors call 2001 CLO following returns of more than 20%
One of the earliest US CLOs has been called by equity investors according to regulatory filings.

Credit supremo set to leave role with dealer in London
Fixed income and global credit products head to leave

Distressed debt specialist heads to new buy-side role
Rumoured to be setting up new distressed debt platform with firm