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Christopher joins from Wellington Management where he covered a broad set of sectors within US Investment Grade and High Yield for over 14 years. Based in Standard Life Investments' Boston office, Christopher will report to Erlend Lochen, Head of US Credit and Global Head of High Yield. He will be responsible for covering US High Yield and will work with the US Equities team to broaden coverage of US investment grade issuers.
This is the first appointment since Erlend Lochen was charged with extending Standard Life Investments' European High Yield process into a global offering. Erlend, who relocated from Edinburgh to Boston in July of this year, retains joint responsibility for the Higher Income Fund OEIC in the UK and the European High Yield SICAV in Europe, co-managing both funds alongside Arthur Milson, Investment Director -- High Yield.
Standard Life Investments has a strong track record in managing funds across a diverse range of fixed income markets. It manages $87.7bn (EUR62.6bn, GBP 53.3bn) in bonds around the world (as at 30.06.09).
Erlend Lochen, Head of US Credit and Global Head of High Yield, Standard Life Investments, said:
"As our first credit hire in the US, Christopher brings a great deal of experience in the US credit markets -- both in High Yield and Investment Grade - and will provide local knowledge and insights as we seek to build our US team further."
Andrew Sutherland, Head of Credit and Aggregate Funds, Standard Life Investments, said:
"Our team continues to evolve from one that was predominantly focused on the UK market a few years ago to one that can compete internationally. Already we have a corporate bond proposition that is extremely competitive and successful in the Euro credit markets. With Erlend responsible for replicating our successful pan-European corporate bond process in Boston, Christopher will play an important role in helping us deliver a global credit solution."
NOTES TO EDITORS:
1. With assets under management of $200.2bn (EUR142.8bn, GBP 121.6bn) Standard Life Investments is one of Europe's major investment houses (30.06.09).
2. Standard Life Investments was launched as an investment management company in 1998. It is a wholly owned subsidiary of Standard Life Investments (Holdings) Limited, which in turn is a wholly owned subsidiary of Standard Life plc.
3. Standard Life Investments operates in the UK, Canada, Ireland, Hong Kong and the USA, and has representative offices in Germany, France, South Korea and Beijing. Standard Life Investments also operates in India through a joint venture, HDFC AMC.
SLIPR527
Standard Life Investments Limited, tel. +44 131 225 2345, a company registered in Scotland (SC 123321) Registered Office 1 George Street Edinburgh EH2 2LL.
The Standard Life Investments group includes Standard Life Investments (Mutual Funds) Limited, SLTM Limited, Standard Life Investments (Corporate Funds) Limited and SL Capital Partners LLP. Standard Life Investments Limited acts as Investment Manager for Standard Life Assurance Limited and Standard Life Pension Funds Limited.
Standard Life Investments may record and monitor telephone calls to help improve customer service.
All companies are authorised and regulated by the Financial Services Authority. www.standardlifeinvestments.com
2009 Standard Life Investments
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SOURCE: Standard Life Investments
Standard Life Investments Richard England, +44 (0)131 245 2750 Press Manager or Standard Life Investments Hilda Stewart, +44 (0)131 245 3610 Press Manager or To access our virtual press office, please click on the link below: http://uk.standardlifeinvestments.com/content/press/press_index.html
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