Capital Four named new sub manager of high yield bond fund
Danish boutique asset manager Capital Four revealed on Tuesday that it will take over sub-management of the Nordea 1 - International High Yield Bond Fund, as the firm continues to build out its investment capabilities in the US

Taliban takeover likely to have long-term credit impact
Afghanistan’s takeover by the Taliban has barely caused a ripple in credit even regionally, but the power shift has wide-reaching implications that investors have yet to take onboard, say frontier market specialists

Credit Suisse shakes up leveraged finance with origination and restructuring co-heads
Credit Suisse has made a number of senior promotions in its leveraged finance team, appointing two new global co-heads of leveraged finance origination and restructuring

Axiom bets on 2002-style credit recovery with crossover fund launch
Axiom Alternative Investments is readying to launch a fund aimed at generating returns from the dislocation and revival of European and US credit as the coronavirus pandemic develops

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

Ontario pension selects new president and CEO

Ontario Teachers’ Pension Plan has appointed Jo Taylor as its new president and chief executive officer, effective 1 January  

Former BlackRock portfolio manager lands at start-up credit firm Tresidor
Tresidor Investment Management – the new credit manager led by BlackRock’s former head of European credit Michael Phelps and ex-Goldman Sachs synthetic CDO head Edgar Senior – has added a credit portfolio manager to its team ahead of its maiden fund launch

Pacific Gas & Electric credit event posed following Chapter 11 filing
The Americas Credit Derivatives Determinations Committee has been asked to rule on whether Pacific Gas and Electric has triggered a credit event, after the San Francisco headquartered firm filed for Chapter 11 bankruptcy protection for the second time in its history

Danish pension fund's CEO steps down
Christian Hyldahl, the CEO of Arbejdsmarkedets Tillægspension (ATP), has given his resignation to the pension fund’s chairman of the board Torben Andersen.  

Loomis Sayles makes global fixed income senior role changes
Kenneth Buntrock, portfolio manager and co-team leader of the global fixed income team will retire in March 2019  

Shetland Islands pension looks to terminate bonds and introduce direct lending
A UK pension fund is looking to terminate its bond mandate and introduce a 12.5% direct lending and 12.5% alternative funds asset allocation, according to board documentation seen by Creditflux

Axa IM brings in global head of fixed income
Axa Investment Managers has appointed Hans Stoter as global head of fixed income, Creditflux has learned

Managers change on $4 billion worth of Fidelity funds ahead of PM's retirement
Veteran Fidelity portfolio manager Matthew Conti is expected to retire in December. In anticipation, several Fidelity credit funds worth a combined $4 billion are shaking up their management mix

Canadian asset manager acquires Asian private credit specialist Clearwater
In a bid to gain entry to the Asian private credit market, Canadian investment firm Fiera Capital Corporation has acquired Asian credit specialist Clearwater Capital Partners

UBS Asset Management names new fixed income chief
UBS Asset Management has appointed a new head of fixed income, according to an internal memo seen by Creditflux

NatWest brings in southern European credit sales specialist
NatWest (the rebranded investment banking division of RBS) has brought in a southern European credit sales specialist in London

Co-head of structured credit leaves Pine River for New York-based hedge fund
An experienced portfolio manager with a background investing in CLOs, index tranches and options has left Pine River for a rival hedge fund

Experienced financials credit trader leaves SocGen
Societe Generale loses seasoned credit trader after four years in London  

Deutsche Bank's electronic bond trading guru makes shock move
A well-known figure in electronic bond trading has left Deutsche Bank to join a large custodian bank in London

Former Castle Hill partner joins credit hedge fund manager in London
An exodus is taking place at Castle Hill with a partner moving to a credit hedge fund manager in London 

Former JP Morgan high yield analyst moves back to the sell side
Analyst, formerly with asset manager, joins French bank's London offices 

Altana founder takes hands-on role for credit fund after PM departs
A credit veteran is returning to portfolio management duties after a recent restructuring at his firm

Co-founder parts company with credit giant BlueBay
Officials at BlueBay have confirmed to Creditflux that one of its founders has left the company this month.  

Natixis loses credit trading head in Paris
Corporate credit trading head exits French bank, and financials markets, in Paris