Cardano has appointed Frederic Hevras and Michelle Bellwood to its London-based investment management team, based in London.
Prior to this, both worked at funds of hedge funds.
Hevras was a senior analyst at Atlas Capital for seven years. He worked on the full range of credit investments and monitored a group of credit, relative value and volatility hedge funds. He was part of management of four funds of hedge funds and was a member of the firm's risk group, responsible for portfolio construction and quantitative analysis.
Bellwood previously worked at GAM as an analyst monitoring a range of credit, fixed income and relative value managers. Prior to joining GAM in 2005, she worked for Aon as an investment and pensions consultant. She is a qualified actuary.
Cardano UK head of Investment Management Keith Guthrie commented: "As part of our Solvency Management service we have a dynamic approach to choosing investments.
There are some fantastic credit opportunities right now, and we believe there will continue to be good opportunities as we move through the credit cycle."
Yet Guthrie highlights that there are risks which need to be considered within the decision-making process.
"We therefore need people who understand the full range of credit investments in depth and people who think like investors rather than advisors. Fredric and Michelle have both the experience and breadth of knowledge needed to cover this complex space and most importantly an investor mindset."
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