Hermes Investment Management has appointed Andrew Jackson as head of fixed income, reporting to Eoin Murray, head of investment.
Based in London, Jackson will be responsible for leading the strategic development of the credit and direct lending investment teams, and developing a multi-asset credit offering capable of accessing all areas of the global credit markets for pension funds and other long-term institutional investors.
As a member of senior management, Jackson will also sit on the Hermes strategy group, contributing to the effective development of the business.
With nearly 25 years of investment experience, Jackson joins from Cairn Capital where he was chief investment officer, head of investment committee and senior member of the executive management committee. In this role, Jackson was responsible for the development of the asset management business, encompassing the design of new products as well as managing the investment team, which included strategy, portfolio management and research. He was previously vice president, European credit structuring at Bank of America, and has held roles with Fitch Ratings and PricewaterhouseCoopers.
Murray says: “Andrew has extensive in-depth industry knowledge and experience in managing global credit and fixed income products using an active management style. Moreover, he has a credible, structured investment process and an excellent investment track record, making him a great fit with Hermes’ long term, active investment style. His appointment underlines the commitment the business has to providing innovative, fixed income solutions to investors currently struggling with a world of low yields.”
Jackson says: “I have watched Hermes operate at an extremely high level, becoming a market leader with its credit and private debt offerings. It is with great enthusiasm that I join such a dynamic business and look forward to working with the teams to ensure that we continue to develop investment solutions for long-term investors.”