John Pattullo

Co-Head of Strategic Fixed Income | Portfolio Manager
John Pattullo | Janus Henderson Investors

John Pattullo is Co-Head of Strategic Fixed Income at Janus Henderson Investors. He manages and co-manages a range of strategic fixed income strategies and funds meeting different client needs globally. John joined Henderson in 1997 as a trainee manager in corporate bonds and was head of the Strategic Fixed Income Team from 2009 until 2015 when he became Co-Head with Jenna Barnard. Prior to Henderson, he spent four years as a chartered accountant at PricewaterhouseCoopers.

John has an MA (Hons) in economics from the University of St Andrews. He is a member of the Institute of Chartered Accountants of Scotland (CA) and an associate member of the Society of Investment Professionals (ASIP). He has 27 years of financial industry experience.

Articles Written

Podcast: the evolution of strategic fixed income investing

Podcast: the evolution of strategic fixed income investing

John Pattullo, Co Head of Strategic Fixed Income, in conversation Richard Philbin, CIO of Wellian Investment Solutions

Trust TV: Henderson Diversified Income Trust

Trust TV: Henderson Diversified Income Trust

John Pattullo, Co-Head of Henderson Diversified Income Trust, tackled questions from a live online audience in the last episode of Trust TV.

Watch the 2019 HDIV AGM

Watch Co-Fund Managers John Pattullo and Jenna Barnard present to shareholders at the 2019 AGM.​

Do you remember the Great Financial Crisis?
Mega Trends

Do you remember the Great Financial Crisis?

John Pattullo, Co-Head of Strategic Fixed Income, explains how after the failure of QE to generate any sustainable growth or inflation the dial has turned to various forms of fiscal policy. But as he argues, a successful formula has to combine fiscal and monetary policies with structural reform.

Inflation: is that it?

Inflation: is that it?

John Pattullo, Co-Head of Strategic Fixed Income, discusses the range of factors, which in his opinion, indicate that current inflation is much more cyclical than structural.

An interesting year for credit markets

An interesting year for credit markets

Credit markets will get interesting this year but investors need to be patient for opportunities, says John Pattullo, Co-Fund Manager of Henderson Diversified Income​

Macro signals — early signs often come from the ground

Macro signals — early signs often come from the ground

John Pattullo, Co‑Head of Strategic Fixed Income, explains how the team arrive at a decision to include a particular bond in their portfolios.

Strategic Fixed Income: visible signs of a late-cycle world

Strategic Fixed Income: visible signs of a late-cycle world

A concoction of elements all point to the fact that the global economy is now definitively in the late-cycle stage, while narrative fallacies flourish in the markets.

The Amazonisation effect and bonds
Mega Trends

The Amazonisation effect and bonds

In this webcast, John Pattullo, Co-Head of Strategic Fixed Income, will share his thoughts on digital disruption, with Amazon as the leading example of how this new structural force can erode margins, put established businesses at risk and send deflationary waves across the economies. Bond fund managers need to rethink their strategies carefully to profit from this trend.

Strategic Fixed Income: end of the cycle… are we there yet?

Strategic Fixed Income: end of the cycle… are we there yet?

With the markets finally coming round to the idea of the late-cycle stage in the economies, John Pattullo and Jenna Barnard, Co-Heads of Strategic Fixed Income, share their thoughts on the subject, expanding on the risks and opportunities arising from this theme in 2019.

Broken curves: are misguided inflation measures leading to policy mistakes?

Broken curves: are misguided inflation measures leading to policy mistakes?

Once, a useful gauge for inflationary pressures in an economy and used by central banks in setting policy, the Phillips curve has broken — it is flawed for the world that we live in today. John Pattullo, explores the reasons behind the malfunction.

An Introduction to Henderson Diversified Income Trust Plc

John Pattullo and Jenna Barnard introduce Henderson Diversified Income Trust, explaining the Company’s objective and how the team works towards achieving it