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

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

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

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

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

Timing of CLO b-wic puzzles market participants
A huge CLO bid list scheduled for Friday (10 March) represents part of the liquidation of a CDO of ABS, according to Creditflux’s sister intelligence service Debtwire ABS