At BarCap, Jenkins was global head of credit research and Reid was a credit strategist. Jenkins had been at the UK-based bank for 18 years, Reid for eight. Jenkins left BarCap on sabbatical after the bank appointed Mark Howard from Lehman Brothers to run the global research effort from New York.
The pair were recently voted top credit strategy team in RiskNews' sister publication Credit’s Analysts of the Year 2004 survey.
“Fundamentally-derived credit strategy remains a key desire of our largest and most demanding buy-side customers, in addition to the best-of-breed quantitative group we have built in the past two years,” said Folkerts-Landau.