Hermes Investment Management has hired Andrew Jackson, a former Cairns Capital chief investment officer, as its new head of fixed income.
Jackson will be responsible for the strategic development of the credit and direct lending investment teams at the £30.6 billion asset manager, as well as developing a multi-asset credit offering for pension funds and other long-term institutional investors.
He will report to Eoin Murray, head of investment for Hermes.
Jackson was previously CIO at Cairn Capital for over 13 years, in which he led the development of its asset management business, as well as managing its investment team.
“Andrew has extensive in-depth industry knowledge and experience in managing global Credit and Fixed Income products using an active management style,” said Murray.
“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.”
The role had been vacant since May last year following the departure of Zoe Shaw, its previous head of fixed income.