John Kerschner, CFA
John Kerschner is Head of US 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 JHI 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.
Products Managed
Articles Written
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.
All systems CLO: Fixed Income Opportunities in 2025
CLOs (Collateralised Loan Obligations) have caught the attention of many investors amid their attractive yields and diversification potential, as well as due to the positive fundamental and technical backdrop for the sector.
Watch our CLO webcast replay where our panel of experts explored the strategic case for CLOs, the differences between the US and European markets, and the outlook for the sector in 2025.
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.
Non-Agency Residential Mortgage-Backed Securities: A securitized products primer
What are non-agency residential mortgage-backed securities (RMBS), and how might they play a role in investors’ portfolios?
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.
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.
The winds of change are blowing: Why MBS now?
Why we believe MBS is poised for outperformance in the current environment.
US Asset-Backed Securities: A securitized products primer
What are asset-backed securities, and how might they play a role in investors’ portfolios?
Commercial Mortgage-Backed Securities: A securitized products primer Copy
What are commercial mortgage-backed securities, and how might they play a role in investors’ portfolios?
Top-performing fixed income sectors in H1 2024: Securitized outpaces the Agg
Ranking the best-performing fixed income sectors through the first half of 2024.
Quick View: Jobs data offering conflicting views of the U.S. jobs market
We look under the hood of a seemingly strong nonfarm payrolls (NFP) number and offer insights to help investors position for the Fed’s likely policy response.
Commercial Mortgage-Backed Securities: A securitized products primer
What are commercial mortgage-backed securities, and how might they play a role in investors’ portfolios?