European CDS index tightens inside US even as bonds languish
Credit derivatives markets have hit a key point of trend reversal this week, with the iTraxx Europe five-year CDS index trading inside its US counterpart CDX IG for the first time since May

Vanguard launches global bond fund with IG focus
Vanguard, the $5.3 trillion investment management firm, has launched an actively managed credit bond fund, providing investors with exposure to investment-grade credit markets  

Napier Park receives $50 million add-on from Texas pension fund
The $30.1 billion pension fund has topped up its separately managed account with Napier Park 

Axa IM reveals new Ucits-compliant global credit fund
The new vehicle aims to offer investors a Ucits-compliant product that invets across the whole credit spectrum 

Man Numeric launches credit platform and appoints co-heads of credit
Man Numeric, the quantitative investment business of Man Group, has launched a new credit unit and appointed two officials to lead the business

Pimco launches latest ESG-focused credit offering
Pimco has launched its latest environmental, social and governance (ESG) fixed income offering - GIS Global Investment Grade Credit ESG Fund.

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

American Beacon teams up with Apollo for credit interval fund
Regulatory filings reveal that Apollo will allocate assets across four main areas: US corporate credit, global corporate credit, structured credit and real estate credit

CBOE launches first ever US high yield corporate bond index futures
CBOE Global Markets has launched trading of US high yield corporate bond index futures

Distressed debt outperforms as Texas pension fund's credit strategies gain 11.2%
Texas County and District Retirement System (TCDRS), the $30 billion pension fund, generated 11.2% annualised returns from its credit portfolio for the year ending 30 June. Distressed debt was a major positive, but IG credit lost value

New York manager prepares interval credit fund launch
A structured credit fund manager is joining the interval fund rush 

Cheyne more than doubles assets for credit fund in five months
Cheyne Capital has more than doubled assets for Cheyne Total Return Credit Fund December 2023 – in the space of just five months

Brown Brothers Harriman expands fixed income capabilities with new mutual fund
New-York headquartered Brown Brothers Harriman & Co (BBH) has expanded its fixed income capabilities with the launch of its new debt fund - BBH Income Fund

OppenheimerFunds launches second interval fund
Following an private credit interval fund launch with Carlyle earlier this year, Oppenheimer has decided to stick with the interval fund structure, this time investing in insurance-linked securities

Hermes launches £185 million unconstrained credit fund
London-based Hermes Investment Management has launched a new Ucits-compliant unconstrained credit fund - which will include pricing ESG risks

San Francisco pension fund to deploy up to $4.5 billion in private debt
The City and County of San Francisco Employee’s Retirement System has revealed details of its new private debt pacing plan - which will see it deploy up to $4.5 billion and partner with up to 25 private debt managers over the next six years

CIFC gets in on interval fund phenomenon with new CLO-focused strategy
The new vehicle will invest at least 80% of its net assets in debt securities, with a focus on CLO equity, mezzanine tranches and warehouses, US SEC filings reveal

T Rowe's fixed income head Wiese to step down
T-Rowe Price Group’s fixed income head Ted Wiese is to step down from his role as at 1 May 2019.  The firm has announced that Andrew McCormick will replace him

Anchorage wins $75 million ticket for global credit fund
A US pension fund has approved an investment in the upcoming Anchorage credit fund

EnTrustPermal makes senior hire in bid to expand aviation financing capabilities
New York-based EnTrustPermal becomes the latest asset manager to expand its aviation finance capabilities as it hires veteran aviation investor John Morabito 

Western Asset Management puts emphasis on IG credit for listed fund
Western Asset Management Company has renamed its Western Asset Income Fund to Western Asset Investment Grade Income Fund

Chorus launches third credit fund for reg cap strategy
Reg cap specialistChorus Capital has launched its third credit fund, according to SEC filings seen by Creditflux

WisdomTree reaps benefits of "transformative" 2017 with strong earnings release
The ETF specialist revealed an 18.4% year-on-year AUM growth and fixed income inflows in its latest earnings presentation

Demand for IG outweighs HY as US credit manager launches two funds
A west coast asset manager has launched a high yield strategy and an investment grade fund. The IG option has been more popular thus far