Oaktree's multi-strategy credit platform reaches $2.9 billion
Los Angeles based Oaktree Capital Management's multi-strategy credit platform – which includes Oaktree Global Credit Fund – has hit $2.89 billion as at 31 March 2018  

Canadian pension fund appoints head of credit
Toronto-headquartered Canada Pension Plan Investment Board has appointed John Graham as head of credit investments, effective 1 June 2018

Dentons brings in derivatives lawyer as partner
Global law firm Dentons has added Alice Yurke as partner in its capital markets practice, the firm announced yesterday

BlackRock's iShares contribute to strong AUM growth despite volatile quarter
BlackRock has reported a 17% year-on-year growth in AUM at the end of first quarter 2018, as well as a 28% year-over-year growth in first-quarter earnings

French manager liquidates share class on €167.2 million corporate credit fund
A Paris-based manager has jettisoned a share class on a €167.2 million corporate credit fund that invests in bonds, credit default swaps, shares and share options

Lazard builds out alternatives platform with new MD hire
Lazard Asset Management has named a new managing director: David Gibson, who spent two decades at DE Shaw

Man Group's assets surge 3% in first quarter as the hedge fund hits $112.7 billion
Man Group, the world’s largest listed hedge fund, has reported a 3% rise in total assets in first quarter 2018 despite a weaker market for equities and momentum strategies

Alternatives firm hits $1.3 billion for opportunistic credit hedge fund
Alternative investments firm Varde Partners is on a roll: it has raised at least $1.29 billion for its opportunistic credit fund Varde Investment Partners, Creditflux has learned

Palmer Square hires COO from Scout after surpassing AUM milestone
Palmer Square Capital Management has hired Scott Betz as chief operating officer, following the firm surpassing $5 billion assets under management

Canada’s Fiera generates 10% AUM growth in 2017
Montreal-based asset manager Fiera Capital Corporation has increase its assets under management by 10% year-on-year and grown its annual revenues by 33% on a year-over-year basis, its latest financial report reveals

Zais hit with class action filing over proposed go-private deal
A Zais Group stockholder has filed a putative class action lawsuit against the firm, taking aim at Zais’s plans to merge with subsidiary ZGH Merger Sub and Zugel’s firm Z Acquisition – a plan that would result in the company going private

New chief executive and president named on $160 million Guggenheim fund
A Guggenheim Partners fund has named a new president, chief executive officer and trustee following the passing of Don Cacciapaglia in December

BlackRock adds new ETF to $1.8 trillion iShares platform
BlackRock has unveiled a new addition to its suite of target maturity fixed income ETFs, with the iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) rolling out this week

Pimco hires United Nations director in move to expand ESG capabilities
Fixed income giant Pimco has hired a former United Nations director as it builds out its environmental, social and governance (ESG) platform for investors seeking socially responsible investments.

BlackRock cuts Pine River from its sub-advisory role on alternatives fund
Following a wave of departures, Pine River has suffered another blow, with BlackRock removing it as the sub-advisor to one sleeve of a $100 million multi-strategy fund

Fund industry braces for further impact after court's DOL fiduciary rule decision
The US Department of Labor (DOL) had said it will not enforce its embattled ‘fiduciary rule’ following a legal ruling last week – but one regulatory lawyer says fund industry players should nevertheless brace for several impacts of that ruling

Goldman Sachs’ co-president and COO Schwartz to retire
Goldman Sachs has announced that Harvey Schwartz, the group’s president and co-chief operating officer, is retiring and will step down effective 20 April 2018. David Solomon will now serve as sole president and COO

Cigarette break: Dutch manager excludes tobacco investments from fund line
 Robeco has become the latest asset manager to oust tobacco investments, making the exclusion from its entire mutual fund line

Search for a new CIO is on as Fidelity International's fixed income head retires
Fidelity International’s fixed income chief investment officer Charles “Chuck” McKenzie is set to retire after four-and-a-half years with the firm

Adams Street names new appointment to board of directors
Chicago-headquartered Adams Street Partners has appointed Matthew Scanlan of Angel Island Capital to its board of directors

LFIS slashes minimum investment figures on €400 million of credit funds
La Française Investment Solutions has lowered the subscription amounts for two credit funds worth more than €400 million – and tweaked the fee section on certain fund documents

Credit specialist poaches Goldman Sach's Eric Muller in New York
Credit specialist Oak Hill Advisors has hired New York-based Eric Muller from Goldman Sachs Group, according to a market source

Man GLG appoints credit portfolio manager
London-headquartered fund manager Man GLG has promoted Andrew Freestone to credit portfolio manager

SEC delays compliance deadline for liquidity risk management initiative
Credit-focused mutual funds in the US now have an additional six months to comply with the (SEC’s incoming liquidity risk management programme

MFS hires former BlackRock fixed income portfolio manager
London-based MFS Investment Managmeent has appointed former BlackRock’s Owen Murfin as an institutional portfolio manager