Past returns: Spanish financials trade comes good
Five years ago, hedge funds piled into Spanish bank debt on the belief that a bail-out of Spain would leave senior bank debt investors unscathed. 

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

Regulators delay implementation of STS rules
Regulators in Europe have opted to take a slow and steady approach to implementing new simple, transparent and standardised (STS) and revamped risk retention rules.

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

Market participants strike bullish tone on STS regulation
IMN’s Global ABS Conference in Barcelona came to a close yesterday and one of the main talking points for the ABS market was the successful resolution to disputes between the market and the European parliament over STS (simple, transparent and standardised) legislation

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 

Diverse Prytania fund posts promising 2017 gains
Prytania Investment Advisors has got off to a strong start in 2017 with the manager’s Athena Fund gaining 8.4% through February

Move up the stack to avoid implosion
Pundit warns investors to be concerned about return of their principal – but senior loans may be a safe haven as credit yields are squeezed and high yield becomes crowded

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

Cairn's Jackson set to join large asset manager in London
Andrew Jackson has left his post as chief investment officer at Cairn Capital and well-placed sources have told Creditflux that he is due to join a fund manager in London

German bad bank wins huge CLO auction
A German bad bank has emerged as the winner of a huge auction of CLOs and other asset-backed securities this morning