Credit where it's due as three new managers enter the popular strategy

European managers are lining up credit portfolios trading pure credit, and mixtures of credit, derivatives and bonds

Hedge fund managers are launching a range of credit funds, continuing the popularity of the strategy that has already developed in 2004 and seeing new opportunities in the market to exploit.

London's Observatory Capital launched on 19 July its new credit fund under the firm's partners, Shazad Ghaffar and John Bishop. They have experience trading and evaluating credit, among other activities, at firms including Banque Paribas, Bankers Trust, CSFB and Green T Asset Management (latterly Caxton

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