Buy-side firms eye slice of trade receivables pie
European insurers and asset managers are looking to break the stranglehold that banks have had over the market for trade receivable securitisations

BAML's former head of European ABS sales joins BNY Mellon
An ex-Bear Stearns structured credit specialist has joined BNY Mellon as a business development manager for its European corporate trust team

Citi launches new Bravo reference portfolio
Citi has launched a new version of its bespoke tranche reference portfolio, according to market sources. 

Eiffel proves you don’t need to guess oil prices to pick good oil bonds
Paris-based manager benefits from tertiary link to oil bounce with helicopter pick 

New York-based Mill Hill ramps up its debut structured credit fund
Mill Hill Capital, a company which was established by ex-UBS structured credit trader David Meneret in 2015, has ramped up its debut fund. Meneret tells Creditflux that the fund will follow a market-neutral strategy, but that he believes double-digit returns are in reach

Nomura builds out emerging markets team with structured credit hire
Structured credit specialist joins Japanese lender’s London offices for emerging markets role 

Mizuho completes big structured credit appointment in Asia
Mizuho has recruited a senior structured credit professional, with a wide-ranging mandate, to its offices in Hong Kong

Zais expands in Europe with major structured credit hire
Zais has hired the head of structured credit from a large bank for a key position in London

Structured credit trader joins Axa IM after leaving large bank in London
A structured credit trader, who managed a correlation book in her previous role, has resurfaced at Axa IM

Structured credit hedge funds earn approval from Texas pension plan
Two "emerging managers" with prowess in the structured credit market have been given backing by a Texas pension fund

Ares earns pension fund support for upcoming bond-loan fund
Ares Management is in the process of launching a new credit fund which will target leveraged loans and high yield bonds

Structured credit professionals leave BAML in London
Five officials - including a correlation trader and CRE loan originator - have left Bank of America Merrill Lynch in recent weeks, sources say

BNP Paribas hires seasoned structured credit official from rival in New York
Market sources say that a long-serving credit derivatives specialist, who has recently been working on CLO structuring, has left a large investment bank in New York to join BNP Paribas 

Structured credit veteran exits hedge fund manager in London
A former Bear Stearns structured credit official has parted company with a large credit hedge fund manager in London, sources say

Pine River fortifies multi-strategy offering after liquidating credit fund
Pine River Capital Management's multi-strategy fund will absorb its credit team after the firm liquidated a fund late last year, sources say.

Ex-CQS supremo wins $150 million structured credit mandate for new firm
A large US pension fund has given its backing to a relatively new hedge fund manager launched by the former chief investment officer for CQS's ABS business.

Brokerage hires CLO specialists for new structured credit unit
New York-based brokerage Aegis Capital Corp is launching a new structured credit business after bringing in a four-person team from a rival firm

Structured credit specialist joins Magnetar after leaving bank in London
A credit structurer, with a background in law, has made the move across to the buy side for the first time in his career

Commerzbank hires structured credit portfolio manager in London
German lender brings in an experienced professional to work on structured credit books out of London, according to sources close to the matter.

Credit Suisse structured credit trader moves to rival bank in London
A structured credit trader has left Credit Suisse after 11 years in order to join another bank in a senior trading role

Former Arrowgrass trader resurfaces at brokerage
Brokerage hires former buy-side execution trader in London

Danish pension fund hires derivatives specialist for credit
Head of derivative structuring heads to pension fund manager in Denmark to manage credit