Man GLG has hired Patrick Kenney and Santiago Pardo as portfolio managers within its credit business.
Based in London, they will focus on global (non-US) stressed, distressed and opportunistic credit, and report into Simon Finch, CIO of credit at Man GLG. Kenney has more than 19 years of experience...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow