John Kerschner, CFA
John Kerschner is Global Head of Securitised Products and a portfolio manager at Janus Henderson Investors. He is a member of the Securitised Credit and Core Plus Teams and leads the teams in finding innovative ways to utilise structured products in the firm’s portfolios. Prior to joining Janus in 2010, John was director of portfolio management at BBW Capital Advisors. Before that, he worked for Woodbourne Investment Management, where he was global head of credit investing. John began his career at Smith Breeden Associates as an assistant portfolio manager and was promoted several times over 12 years, becoming a principal, senior portfolio manager and director of the ABS-CDO group.
John received his Bachelor of Arts degree in biology from Yale University, graduating cum laude. He earned his MBA from Duke University, Fuqua School of Business, where he was designated a Fuqua Scholar. John holds the Chartered Financial Analyst designation and has 35 years of financial industry experience.
Articles Written
Are higher mortgage rates hurting U.S. households?
Assessing the impact of higher mortgage rates on U.S. homeowners.
The top reason to consider a multisector fund for a core bond allocation
The case for multisector bond funds as a core fixed income allocation.
Quick View: Lingering tariff concerns overshadow a win on inflation
Considering the potential implications of April’s inflation print for the bond market, the Fed, and fixed income investors.
Indicators flashing green for agency MBS?
Three reasons agency MBS look attractive right now.
The art and science of managing AAA CLO portfolios
A review of the fast-growing AAA CLO ETF market and some key observations for investors.
Top-performing U.S. fixed income sectors of 2024: Securitized outpaces the Agg
Ranking the best-performing U.S. fixed income sectors of 2024.
Busting the bias against U.S. securitized
John Kerschner points out the biases that he believes may keep investors out of U.S. securitized assets
U.S. MBS: Are Fannie and Freddie up for privatization?
Exploring the likelihood that Fannie Mae and Freddie Mac will be privatized.
Do AAA CLOs still make sense in a declining rate environment?
Why we believe the strategic case for AAA CLOs remains compelling amid Fed rate cuts.
Key trends driving U.S. securitized fixed income in 2025
John Kerschner shares his U.S. securitized outlook, identifying the key trends he believes will drive investment returns in 2025.
Global Perspectives: The outlook for securitized as Fed commences rate-cutting cycle
A discussion on how the macroeconomic environment is impacting the securitized and multi-sector credit markets.
The winds of change are blowing: Why MBS now?
Why we believe MBS is poised for outperformance in the current environment.