Debtwire European ABS round-up: pipeline fills with Dutch ABS and RMBS
A range of niche securitisations are in the European ABS pipeline, according to a report by Debtwire, Creditflux’s sister publication

Wealth manager bumps up allocation to new Ares structured credit fund
A wealth management firm has increased its allocation to a structured credit fund that is being raised by Ares with a $500 million target

ABS trader joins Barclays in London
Market sources say that Barclays has added an ABS trader to its team in London

Debtwire ABS round-up: euro RMBS spreads reach new tights
Spreads have been tightening across the structured credit market; a weekly round-up by Debtwire highlights how an RMBS deal, Residential Mortgage Securities 30, priced at the tightest levels since the financial crisis

20-year Citi veteran earns promotion to head of European credit trading
Citi’s global head of distressed debt has been promoted to head of credit trading for Europe, the middle east and Africa, officials at the bank have confirmed

Saba to close London office, reports Reuters
$1.7 billion hedge fund manager Saba Capital Management is closing down its offices in London

Imperial adds structured credit talent to London and New York offices
Imperial Capital has added to its structured products business in London and New York

BNP Paribas hires to its ABS syndicate team in London
Credit sales specialist reunites with former colleagues ahead of a move to BNP Paribas

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

Scio liquidates structured credit fund after posting 11.5% returns
London-based structured credit specialist manager Scio Capital has announced that is liquidating one of its funds and returning capital to investors

There are reasons to be upbeat, MEP tells securitisation specialists
IMN's 21st Annual Global ABS conference opened yesterday on a note of cautious optimism for the European securitisation market

PGIM takes top spot as credit market celebrates
PGIM was the big winner at the Creditflux Manager Awards dinner on 3 May after scooping up the coveted manager of the year award

Credit fund manager snaps up BlueMountain's CEO for Europe
BlueMountain has announced leadership changes following the departure of Nicholas Pappas - with sources informing Creditflux that he has signed up with another large fund manager as head of credit

West coast pension fund boosts its allocation to Halcyon’s credit business
A major west coast pension allocator to credit has moved to increase its allocation to Halcyon Capital Management after separate account generated 35% return in 2016

Cairn hires former Magnetar official for PM role on credit opps fund
Cairn Capital has announced that it has hired former Magnetar Capital official Brandon Kufrin as a portfolio manager

Prytania fund registers big gains after transitioning from CLO debt to equity
Prytania Investment Advisors has continued its impressive start to 2017

Waterfall looks to add derivatives to its credit managed account
A US pension fund looks set to approve a change to its account with Waterfall, which will see the manager gain the ability to use derivatives as a hedging tool

Citi tests the market for three-year bespokes
There is increasing appetite for credit derivative risk with Citi looking to extend the maturity of its deals 

Alcentra confirms hire to its new-look structured credit team
Alcentra has confirmed the hire Brandon Chao from Omega Advisors to its structured credit team in New York

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

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