- Direct lending (125)
- Emerging markets (111)
- Investment grade credit (225)
- Structured credit (109)
- CLO (151)
- Distressed debt (221)
- Credit derivatives (311)
- Leveraged loans (3241)
- Marketplace lending (13)
- Real assets (38)
No 2020 recession, cyclical bonds will outperform and CLOs won't crash, says BNP Paribas22 hours ago
There will not be a recession in 2020 and investors should stay long credit with the expectation that high yield cyclical and non-financial borrowers will outperform in a bullish market, BNP Paribas strategists have confidently predicted
Fortress prices its first CBO of the year1 day ago
Fortress Investment Group priced its first new issue CBO of the year on Friday via GreensLedge, the lead arranger on the deal, and Natixis
Danish pension backs green bonds1 day ago
Sampension is set to boost its green portfolio, by allocating DKK300 million to German and Irish green bonds
Beware of "mequity" risk in direct lending, writes Barings1 day ago
Barings co-head of global private finance, Ian Fowler, predicts that the adoption of lending terms associated with broadly syndicated loans into private credit will not prove beneficial in the long term
Dean Foods CDS to have one deliverable, with 80 cent pay-out indicated7 days ago
There will be only one bond deliverable into an auction to settle CDS referencing Dean Foods, the Americas Determinations Committee has confirmed
Dean Foods CDS set to have only one deliverable on the menu11 days ago
Only one bond has made it onto the supplemental list of deliverable obligations for an auction to settle CDS referencing Dean Foods
US pension fund hires fixed income manager12 days ago
Howard County Retirement Plans has appointed Payden & Rygel to oversee a $40 million absolute-return fixed income portfolio, according to documents seen by Creditflux
Former DFG CLO head resurfaces at Silver Rock13 days ago
CLO specialist Tim Milton has landed at Silver Rock Financial, it has emerged
S&P acquires ESG rating business from RobecoSam18 days ago
S&P Global has acquired an ESG ratings business from RobecoSam, according to an announcement. The acquisition includes that of SAM Corporate Sustainability Assessment (CSA), an evaluation tool.
Imperial hires in credit sales18 days ago
Imperial Capital has added a senior vice president in its high yield and distressed credit sales group
UK pension Nest selects manager for £500 million global bond allocation21 days ago
Nest, the largest pension scheme in the UK with over 8 million members, has selected a manager to oversee a £500 million separately managed account focused on global corporate bonds
Creditors left with sour taste as two food companies file for bankruptcy25 days ago
Credit investors have been left to digest two US food company bankruptcy filings this week, with dairy producer Dean Foods triggering the first credit event to hit on-the-run series 33 of the CDX HY index, while Houlihan's Restaurants has also sought protection
Ares hires head of credit trading26 days ago
Ares Management has appointed a head of credit trading in a newly created role
Investors increasingly see ESG as fiduciary duty, State Street survey reveals26 days ago
North American investors are most likely to view ESG as a fiduciary duty, while European investors are driven by regulation, performance and reputational risk, according to results from a survey conducted by State Street Global Advisors
Deadline just hours away for CDS users to sign Isda protocol1 month ago
Midday New York time is the cut-off for market participants to sign up to the International Swaps & Derivatives Association’s protocol aimed at stamping out narrowly tailored credit events from CDS
- The loan sell off at the start of this year highlighted that CBOs are not a play on interest rates or bond prices — they’re taking advantage of the flexibility to rotate between loans and bonds.1 month ago
Rising idiosyncratic risk leads to calls for high yield index tranche fix from traders1 month ago
As sources of funding dry up for the weakest borrowers in the credit market, some correlation traders are calling for an overhaul of CDX NA HY index tranches to make trades on wide-end dispersion more effective.
- European corporate loans can fit into various fund types and this year there has been an increase in managed accounts targeting these assets. But CLOs are still the best structures to house loans1 month ago
Past returns: Bond king’s exit ends CLO refis1 month ago
Five years ago in Creditflux, we reported on a market absorbing the consequences of ‘bond king’ Bill Gross leaving Pimco, the firm he co-founded.
ESG integration is part of fiduciary duty, finds UNPRI1 month ago
The United Nations Principles for Responsible Investment (UNPRI) report ‘Fiduciary Duty in the 21st Century’, published late last month, concludes that ESG is a source of investment value, ending debate that using ESG criteria might violate fiduciary duties.
Points up front: Talking his book (which is available on Amazon)1 month ago
For listed asset managers, an earnings call is generally not the right forum to market or advertise upcoming funds. But it might be exactly the right place to try and sell your book.
Welshcake: The question is not whether CLOs are too dangerous, but what more they could and should be doing1 month ago
Contrary to recent headlines, CLOs could be the tool which help reduce the rate of climate change
Corporate credit performance expected to catch up with financial borrowers as European quantitative easing begins1 month ago
The return of European Central Bank quantitative easing on 30 October portends a catch up this month of corporate credit performance with other parts of the market, such as financial borrowers, say strategists.
Over 1,200 sign up to CDS protocol1 month ago
Plans to improve CDS market integrity have received a boost, with the International Swaps & Derivatives Association drawing a stronger than expected response to its protocol aimed at stamping out narrowly tailored credit events (NTCEs).
Fund performance1 month ago
A round-up of fund performance click here.
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