Biographies of our people
Our people
Euan Munro
Global Head of Multi-Asset Investing and Fixed Income
Euan is tasked with integrating the skills of the fixed income team with our multi-asset investment capability to create a broad investment offering, focusing in particular on macro-driven alpha aggregate and absolute return bond products. Euan is also responsible for the management of all fixed income and multi-asset investment funds managed by Standard Life Investments. He is a member of the Global Investment Group responsible for setting the Standard Life Investments' asset allocation policy, and is a member of the Standard Life Investments Board.
Andrew Sutherland
Head of Credit
Having graduated with an MA in Mathematics and Music from the University of Glasgow, Andrew began his career in 1983 as a credit analyst. He initially took responsibility for segregated fixed pension fund portfolios, before being appointed as manager of various fixed interest funds. As Head of Credit, he is now responsible for the management of a broad range of credit mandates.
Craig MacDonald
Head of Investment Grade
Craig joined Standard Life Investments as an Investment Director in 2002. Craig has been as key figure in broadening our corporate credit processes and resources to manage euro and global corporate credit in addition to our strong sterling bond heritage. He now manages the European investment grade team as well as being responsible for a range of third party corporate bond funds.
Erlend Lochen
Head of US Credit & Global Head of High Yield
Erlend joined us in 2001 as an Investment Director. Prior to joining us, he worked with a number of companies in the credit area, including Skandinaviska Enskilda Banken, Barclays Capital and Merrill Lynch. In 2007, Erlend was appointed Head of High Yield and in 2009, he moved to our Boston office to establish our US credit team. Erlend has been a key figure in the development and management of our global high yield capability.
Jonathan Gibbs
Head of Real Returns
Jonathan joined Standard Life Investments in 2002 and has over 20 years’ investment experience. He has championed the development of a suite of global and European inflation-linked products to broaden and deepen the real returns offering of the company, and has played a high profile role in publicising this growing asset class. He and his team have developed one of the longest and most consistent performance track records in this area. Jonathan is a frequent conference and media contributor, and has played a key role in developing our wider fixed income process, as well as communicating this to clients and investment consultants.
Philip Laing
Head of Rates
Philip joined Standard Life Investments in 2001 and has over 20 years’ investment experience. He is responsible for co-ordinating the management of the government bonds team with specific fund responsibilities covering institutional pooled bond funds, segregated bond mandates and Standard Life Group funds. He also manages aggregate bond funds with additional input into the global absolute returns process. Philip is heavily involved in the further development of our government bonds team process and marketing our capabilities to consultants and third party clients.
Richard House
Head of Emerging Markets
Richard is Head of Emerging Markets Fixed Income at Standard Life Investments. He began his investment career in 1994 as an emerging markets economist with Lombard Odier Asset Management. Subsequently, Richard worked as a portfolio manager with HSBC and an emerging markets debt trader at Wadhwani Asset Management. Prior to joining Standard Life Investments in 2012, he spent five years as Head of Emerging Market Debt with Threadneedle Asset Management.

