Our latest research looked into one aspect of active CLO management — how much alpha managers were generating. According to the findings, US CLO managers have in general been outperforming the loan market, but only just.

Manulife Investment Management agreed to buy London-based alternative credit manager CQS. The CQS brand will become Manulife-CQS Investment Management.

First Eagle Alternative Credit hired Larry Holzenthaler as managing director, portfolio manager and senior alternatives strategist. He will manage several strategies within the firm’s direct lending and tradeable credit platforms.