Michael Curtis leaves Fidelity as firm begins search for new co-PM
EXCLUSIVE: Michael Curtis will leave his role as head of alternative credit at Fidelity Investments on 31 July, according to a source familiar

M&G establishes joint venture with Ontario Teachers’ Pension Plan to back further CLO issuance
M&G Investments has established a joint venture with global institutional investor Ontario Teachers’ Pension Plan to support the scaling of a multi-billion-Euro CLO platform

Distressed double Bs are a better-kept secret of the credit market – CIFC
EXCLUSIVE: Distressed double Bs represent hidden value in the credit markets, according to CIFC’s Jay Huang

BlackRock highlights Euro CLO AAA debt opportunities in 3Q outlook
BlackRock has identified triple A-rated European CLO tranches as continuing to offer attractive opportunities in the current fixed income market, in the asset manager’s third-quarter fixed income outlook

CLO manager rankings by AUM – Q2 2026
The latest Creditflux CLO manager AUM rankings sees stability in the top rankings following a shake-up in the top 3 last quarter – but a little further down, CIFC has moved ahead of UBS to snare seventh overall behind Ares, while Benefit Street Partners edged out CVC to move into the top 10

Year-to-date US CLO performance tops global fixed income products – Janus Henderson
US CLO triple Bs have outperformed all other fixed income sectors in the year-to-date and will likely continue to perform well in a higher interest rate landscape, according to new research from Janus Henderson

Global CLO legal counsel rankings – 2Q 2026
Industry heavyweights Milbank and Paul Hastings top Creditflux’s global rankings for CLO manager and arranger legal counsel for the first half of 2026, but there’s ongoing movement further down the tables

Time to get your passport ready
Credit market participants, including Creditflux correspondents, have been trekking the globe — attending conferences in New York, London, Barcelona, Berlin and Rome, to name a few — in search of opportunities

US CLO industry flies in for summer tour of Europe
American accents are forming the soundtrack in Europe this summer, as the region’s CLO market attracts investor interest from around the globe

‘There’s a difference between perceived and actual safety’
Investor's Corner with Anchorage Capital Advisors’ Soo Kim and Curtis Hardwick

News in brief
Top stories on creditflux.com: including early summer visits to Clearlake and Nearwater

CLOs at a glance – July 2026
Our list of recent CLO pricings globally

Banks are piling into the CLO market – BSP
Despite negative headlines around the alternative credit space, banks are still supportive of private debt and the CLO market behind closed doors, according to Benefit Street Partners

US CLO ETF AUM passes USD 50bn, European market hits EUR 2bn: BofA
The global CLO ETF market is hitting new heights, with the US market AUM passing USD 50bn as of last week, according to Bank of America Global Research data

Hogan Lovells Cadwalader launches with eight CLO partners
EXCLUSIVE: The newly merged law firm now has the largest structured finance legal team in the world, with 40-45 partners globally in leveraged finance and fund finance

Elmwood appoints new global head of research
The firm creates new role as the CLO manager builds up its European presence, CEO tells Creditflux

JPMorgan combines private credit financing and CLO businesses
The bank has announced that former global head of private credit financing James Greenfield will head the new entity, with existing global head of CLO primary Steve Baker set to report to Greenfield

Software loan shakeout in CLOs still to come—Barings
As an investor in US CLO tranches, the asset manager has observed that most CLOs have not made major changes to their software book despite concerns about artificial intelligence threatening the sector

Don’t just sit there waiting
Credit markets are evolving and innovating. Not only are they dealing with transformative artificial intelligence technology, they are coming out with new products, investing in new ways and dealing with a changing regulatory backdrop

‘Walk, don’t run’ to take advantage of software disruption, says KKR
Eddie O’Neill and Jeremiah Lane, co-heads of global leveraged credit at KKR, give their view on the headwinds and opportunities in CLOs

News in brief
Top stories on creditflux.com: from First Trust’s CLO start to Apollo’s next generation

CLOs at a glance – June 2026
Our list of recent CLO pricings globally

Franklin Templeton launches investment-grade CLO ETF
Franklin BSP CLO ETF (YCLO) invests predominantly in IG CLO debt tranches across US and European markets

Hayfin explores sale of US CLO business
EXCLUSIVE: Hayfin commits to US private credit and fundraising, as it's shifting away from US CLOs