SLI poaches SWIP credit head McKernan

McKernan (pictured), head of sterling investment grade credit at SWIP, will join SLI in the autumn and take over lead management of the £612m Corporate Bond fund and a number of large credit mandates. The fund was previously managed by Andrew Sutherland, who will retire at the end of July. At SWIP, McKernan was in charge of a range of fixed income mandates, including the £1.4bn Corporate Bond Plus fund and the European Corporate Bond fund, as well as investment grade credit research. A spokesperson for SWIP said: "Daniel has a long notice period and will remain in the role througho...