Andrew Jackson joined Hermes in April 2017 as head of fixed income. He is responsible for leading the strategic development of Hermes' 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. Jackson joined from Cairn Capital where he was chief investment officer. He has managed assets across the spectrum of global credit and fixed income. He was previously vice president within the European credit structuring team at Bank of America and has held roles with Fitch Ratings and PricewaterhouseCoopers. Jackson holds a BSc degree in mathematics and theoretical physics from King's College London.
The sub-fund invests for long term total return in a portfolio of high yield asset backed bonds. The sub-fund's primary currency exposure is to the US dollar. The sub-fund invests (normally a minimum of 90% of its net assets) in higher yielding Asset Backed Securities and Mortgage Backed Securities including Non-Investment Grade rated and in other fixed income instruments including but not limited to corporate bonds government securities and cash. These instruments will be denominated in a range of currencies but hedged back into USD.
- United Kingdom