Global Perspectives

Corporate Debt Index

The Corporate Debt Index is a study into trends in company indebtedness around the world.

Equity Perspectives

Quarterly insight from our equity teams to help clients navigate the markets and opportunities ahead.

Fixed Income Perspectives

Quarterly insight from our fixed income teams to help clients navigate the markets and opportunities ahead.

Sovereign Debt Index

The Sovereign Debt Index is a long-term study into trends in government indebtedness around the world, the investment opportunities this provides and the risks it presents.

Global Dividend Index

The first of its kind, quarterly, long-term study into global dividend trends.

Latest Insights

What is ESG and why do we care?

What is ESG and why do we care?

The Corporate Credit Team at Janus Henderson Investors explain why integrating ESG factors into their decision-making is integral to their investment approach.

Catching falling angels: finding opportunities in crossover credit
Investment Viewpoints

Catching falling angels: finding opportunities in crossover credit

​A growing segment of BBB rated securities are priced to fall into the high yield market. In our view, this trend could create opportunities for investors who are willing to look across both the ratings spectrum and credit sectors, say Portfolio Managers Seth Meyer and Brent Olson.

What is ‘normal’?
Investment Viewpoints

What is ‘normal’?

In a post quantitative easing (QE) world, central bank balance sheets in many countries have expanded to extreme levels, with little hope of their size decreasing back to levels that prevailed before the financial crisis. Many commentators have despaired that central banks’ balance sheets will never return to ‘normal’ levels again. But what do we mean by a normal level of central bank balance sheet? Andrew Mulliner, Portfolio Manager Global Bonds, asks: just what is ‘normal’?

Volatility warrants caution in US high yield
Investment Viewpoints

Volatility warrants caution in US high yield

In a period of falling interest rates, yield is valuable, and high yield therefore remains an attractive asset class. However, with increased interest rate volatility and uncertainty around economic growth, Portfolio Manager Seth Meyer says a cautious approach and a focus on strong company fundamentals are warranted.

The importance of being active: why passive exposure in high yield is not enough
Investment Viewpoints

The importance of being active: why passive exposure in high yield is not enough

The US high yield market’s modest return in August obscured significant divergence of returns within the index. Portfolio Managers Seth Meyer and Brent Olson discuss why this dispersion demonstrates that opportunities exist in high yield, and why they believe active management is key to capitalising on those opportunities.

Walking a tightrope amid disruption

Walking a tightrope amid disruption

An unprecedented level of disruption has created compelling investment opportunities for those who know where to look, note Portfolio Managers Jeremiah Buckley and Marc Pinto.

Downturn implications and a reconvergence of rates

Downturn implications and a reconvergence of rates

Jenna Barnard, Co-Head of Strategic Fixed Income, explores the options for meaningful policy easing by developed market central banks in the face of the current downturn in global activity.

High yield bond: pushing boundaries

High yield bond: pushing boundaries

The dovish tilt to global monetary policy should be supportive of asset prices in the near term but portfolio managers Tom Ross and Seth Meyer observe that an extension of the credit cycle does not mean abandoning selectivity within high yield bonds.

Globalisation: Sorry, Donald, it’s here to stay

Globalisation: Sorry, Donald, it’s here to stay

Jim Cielinski, Global Head of Fixed Income, explains why globalisation is here to stay despite heightened populism.

Tug of war: slowing growth versus easing monetary policy

Tug of war: slowing growth versus easing monetary policy

The US Federal Reserve’s policy shifts have helped support markets in 2019. US Fixed Income managers, Darrell Watters, Mayur Saigal and Mike Keough, share their views on the likelihood, timing and scale of any rate cuts in the coming months.

Quick Views

Quick view: Brexit ball in the EU’s court

The UK parliament voted on several amendments to the Brexit withdrawal agreement on Tuesday 29 January — only two were passed. Bethany Payne, Portfolio Manager, Global Bonds, shares her thoughts on the outcome of the votes and the implications for the next round of negotiations on Brexit.

Market GPS Investment Outlook 2020
Global Perspectives

Market GPS Investment Outlook 2020

What are the most pressing issues facing investors globally and how will they evolve in the year ahead? Our asset class heads provide their views on the investment themes to watch in 2020.