Nick Childs, CFA
Nick Childs is a Portfolio Manager on the Securitised Credit Team at Janus Henderson Investors, a position he has held since 2018. He was a securitised products analyst for both US and global multi-sector fixed income portfolios at the firm from 2017 to 2022. Prior to joining Janus, Nick was a portfolio manager at Proprietary Capital, LLC from 2012 to 2016 where he managed alternative fixed income strategies specialising in MBS, absolute return investing. He also managed all major US interest rate and MBS risks, modelling borrower behaviour and MBS deal structure, and advancing market-neutral hedging strategies. Before that, he was vice president at Barclays Capital in capital markets, where he focused on securitised products from 2007. Earlier, he was vice president at Lehman Brothers. He began his career at State Street Global Advisors in 2003.
Nick received his bachelor of science degree in finance with a minor in economics from the University of Denver. He holds the Chartered Financial Analyst designation and has 21 years of financial industry experience.
Products Managed
Articles Written
Agency Mortgage-Backed Securities: A securitized products primer
What are agency mortgage-backed securities, and how might they play a role in investors’ portfolios?
Collateralized Loan Obligations: A securitized products primer
What are collateralized loan obligations, and how might they play a role in investors’ portfolios?
5 reasons to add securitized assets to fixed income portfolios
Securitized sectors might play a key role for bond investors amid a higher interest rate environment.
Balancing yield and duration: The fixed income barbell trade
How bond investors can take advantage of higher short-term yields while still managing duration exposure.
Flip flop: What MBS investors can learn from Zillow’s failed house-flipping business
How Zillow’s failed house-flipping business demonstrates the value of active management in MBS investing.
The case for CLOs
As the market has grown and new investment structures have become available, CLOs are increasingly viewed as the link between the needs of smaller companies seeking financing and investors seeking yield.