SLI expands corporate bond range with short-dated fund

Addition to eight-strong range

Standard Life Investments (SLI) has expanded its fixed income range with a short-dated corporate bond fund to be co-managed by Daniel McKernan and Mark Munro.

The fund aims to reduce the impact of rising yields and address the potential for significant drawdown caused by fixed income market volatility. It will do so by focusing on shorter-dated corporate securities, invested in sterling-denominated corporate bonds with a maturity of less than five years.  The fund will be co-managed by McKernan (pictured), head of sterling investment grade credit, and Munro is a credit investment director, both of whom joined SLI in 2013.  Aberdeen launches short-dated version of £1.7bn Corporate Bond fund The pair already co-manage the firm's Investm...