Pangolin to launch new aviation recovery fund

Pangolin Investment Management has recruited transport analyst Mohshin Aziz to spearhead the launch of its second fund – The Pangolin Aviation Recovery Fund. Aziz, who spent the past decade as transport analyst with Maybank-Kim Eng in Kuala Lumpur and six years before that as head of Investor Relations at Air Asia, will join the Pangolin team in Singapore later this month. This is Pangolin’s first new fund in 16 years and marks a departure from its usual focus. Principal James Hay, speaking to Airline Economics editor Victoria Tozer-Pennington, said that although he had never owned an airline stock, he has