McKernan will be joining Standard Life Investments in the autumn.
McKernan will join Standard Life Investments’ 34 strong Credit team and play a key role in driving both the sterling retail and institutional credit business. He will have lead responsibility for the Corporate Bond Fund and a number of large credit mandates.
McKernan will report directly into Craig Macdonald who will take over as Head of Credit following Andrew Sutherland’s retirement at the beginning of July.
Commenting on McKernan’s appointment, Euan Munro, Head of Multi-Asset Investing and Fixed Income, Standard Life Investments, said:
'Fixed Income is an important part of many investors’ portfolios, an ever increasing number of whom are recognising Standard Life Investments expertise and strong track record in this asset class.
'With over 20 years’ experience as a Fixed Income Credit Manager, Daniel’s skills will add to the already impressive range of knowledge and experience within the Fixed Income team. Daniel has a proven track-record in managing and developing high profile retail and institutional accounts and will complement the strong team that is already in place'.
Standard Life Investments’ is a leading asset manager with over £74.8 billion of fixed income assets under management; offering segregated and pooled vehicles across the full range of fixed income sub-sectors.