For financial professionals in the UK

Nicholas Ware

Portfolio Manager
Nicholas Ware | Janus Henderson Investors

Nicholas Ware is a Portfolio Manager at Janus Henderson Investors, a position he has held since 2018. Nicholas joined Henderson as a director of loans in 2009 and became a director of strategic fixed income in 2012. From 2005 to 2009, he was a senior portfolio analyst at credit hedge fund manager Highland Capital Management, where he helped build its European business. In 2004, he joined New Amsterdam Capital Management as a senior credit analyst. Prior to that, he worked at Ahli United Bank (UK) originating small and mid-market private equity transactions from 2002 to 2004. Nicholas spent 2000 to 2002 at SEB Merchant Bank originating senior and mezzanine transactions in the Nordic market. He was with Ford Credit, where he was responsible for establishing its subsidiary in Sweden, for two years before SEB Merchant Bank. He began his career in 1995 at PricewaterhouseCoopers and qualified as a Chartered Accountant.

Nicholas graduated with a BA degree (Hons) in business studies from Bournemouth University. He is a qualified Chartered Accountant and has 23 years of financial industry experience.

Articles Written

Trust TV: Henderson Diversified Income Trust – 10 years of income seeking

Trust TV: Henderson Diversified Income Trust – 10 years of income seeking

Nicholas Ware, portfolio manager of Henderson Diversified Income Trust reflects on the opportunities and headwinds he’s experienced in looking to deliver an income-focused return over the past decade, and how the portfolio is positioned to take advantage of the prevailing market conditions over the next 12 months.

Trust Radio Episode 4 – the pursuit of income

Trust Radio Episode 4 – the pursuit of income

This episode, Laura Thomas is joined by Ben Lofthouse and Nicholas Ware, to discuss their pursuit of income, by exploring promising sectors, consumer spending and economic cycles.

Doing what we do best – sensible and sustainable income

Doing what we do best – sensible and sustainable income

Nicholas Ware, Portfolio Manager, discusses the specific stocks behind Henderson Diversified Income Trusts strong performance and highlights the markets where he and the team are finding the best opportunities for the Trust.

Is there a solvency crisis looming in credit markets?

Is there a solvency crisis looming in credit markets?

Jenna Barnard, Co-Head of Strategic Fixed Income, and Nick Ware, Portfolio Manager, counter the bear argument that credit is set to face a solvency crisis by explaining that liquidity is solvency.

Strategic Fixed Income: from bond glut to bond drought

Strategic Fixed Income: from bond glut to bond drought

Nicholas Ware, Portfolio Manager in the Strategic Fixed Income Team, explains why he believes the second half of 2020 will see lower net issuance in corporate bond markets following the dizzying volume of new bond issues in the first half.

Breaking the link: GDP declines and default rates

Breaking the link: GDP declines and default rates

Jenna Barnard and Nicholas Ware, Portfolio Managers in the Strategic Fixed Income Team, muse over how low corporate default rates may prove to be despite the pandemic-induced economic shock.

Bridging the gap: credit markets in the COVID crisis

Bridging the gap: credit markets in the COVID crisis

Jenna Barnard and Nicholas Ware, Portfolio Managers in the Strategic Fixed Income Team, provide an update on the shape of the recovery in corporate bond markets following the virtual heart attack experienced in March.

Credit over equities — coupons over dividends?

Credit over equities — coupons over dividends?

Jenna Barnard, and Nicholas Ware, members of the Strategic Fixed Income Team, share their views on the recent bout of market activity, with large companies accessing the capital markets and the stream of dividend cut announcements in Europe.

BBB debt — it’s complicated

BBB debt — it’s complicated

​Nicholas Ware, Portfolio Manager within the Strategic Fixed Income team, discusses the unusually rapid growth of the BBB market for bonds and the implications for the high yield market given where we are in the economic cycle.

Essentials: Fixed Interest Monthly Income Fund
Investment Viewpoints

Essentials: Fixed Interest Monthly Income Fund

In this ‘Essentials’ video, Nicholas Ware, Director of Retail Fixed Income, provides an overview of the Henderson Fixed Interest Monthly Income Fund, including the fund’s strategy, differentiators and the approach of the investment team.