Angel Oak joins growth in credit interval funds
Angel Oak is set to become the latest credit manager to target retail investors following in the footsteps of Alcentra, GoldenTree, GSO and Octagon 

FS unveils new closed-end credit fund that can invests in CLOs
FS Investments has launched a new closed-end credit interval fund offering five share classes

Credit fund manager Frost allows management fees to thaw down to 50bp
San Antonio-based Frost Investment Advisors has slashed management fees on its CLO-heavy credit fund

Founder looks to take structured credit manager Zais private
Founder Christian Zugel has bid to take Zais Group private, ending its two year stint as a public company

Octagon launches its first retail credit fund
Closed-end fund with 50% allocation to structured credit goes live

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

Carlyle raises $1 billion for credit opps and structured credit funds
Carlyle Group’s has reiterated over the last several months that it sees huge potential in the credit market, and it is now experiencing joy on the fundraising trail

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Past returns: drawing crowds is not easy for bond trading platforms
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Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

Fishknife: Interval funds are a step in the right direction
They bring their own dangers, but interval funds are a better vehicle for managing illiquid credit than conventional funds

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

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

Things aren’t always what they seem
Buy CLO triple As but don’t be fooled by diversity scores; take a look at credit index futures if you need liquidity; and watch out for quasi-mid market loans appearing in CLOs

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

Investing ethically is worth it
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe

Past returns
We wind back the clock to the last time investors were hedging French credit ahead of an election and to when one of the best known CLO investors filed an IPO

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

Heading tighter into uncertainty
Tightening loan spreads are making the job of a CLO manager harder in both the US and Europe. But credit volatility could be on the horizon