credit

Thames River has hired UBS head of credit trading Brett Golledge as part of a revamp of its credit team which will also see COO Chris Currington and manager Mehrdad Noorani leave the business.

PIMCO has launched a credit fund aimed at investors concerned about rising interest rates.

PIMCO's Ketish Pothalingam and Luke Spajic, discuss why the sterling credit market offers more opportunity than the euro and dollar markets.

CQS and Brevan Howard, two of Europe's largest hedge funds, are due to close subscriptions for listed credit hedge funds next week.

Skandia has bought a £19m stake in the Liontrust Credit Absolute Return fund, spreading the investment across a number of portfolios.

J.P. Morgan global CIO of fixed income Bob Michele believes the current environment for bond investors is the best in his 30-year career, as borrowers display an unprecedented commitment to repay debt.

Liontrust has begun marketing its forthcoming long-only credit fund, but has pushed back plans to launch it to the first quarter of 2011.

Gam has soft-launched a market neutral credit fund for retail investors, raising $50m (£32m) for the product in eight weeks.

Ignis head of credit portfolio management Chris Bowie is using the strong rebound in risk appetite today to accelerate the group's de-risking in credit markets.

Ignis' Chris Bowie removed the group's entire credit exposure to BP last week, claiming there is not enough clarity on the oil giant's current turmoil.