Stephen Payne, ASIP

Portfolio Manager

Stephen Payne is a Portfolio Manager on the Global Equity Income Team at Janus Henderson Investors, a position he has held since joining Henderson in 2016. He is responsible for co-managing the Cautious Managed strategy. Prior to Henderson, Stephen was with Santander Asset Management, where he managed the firm’s enhanced, dividend, and equity income funds from 2007. Before that, he worked for Blue Oar Securities as a sell-side analyst specialising in UK high-yield equities. Earlier, he was with Teachers Investment Management, where he managed the UK mid- and small-cap equity funds and the Sovereign Income Unit Trust. He also worked at Framlington Investments and Hill Samuel Asset Management managing their UK Equity Income fund ranges. He started his career at Abbey Life.

Stephen has a BSc degree (Hons) in economics from the University of Southampton. He is an associate of the CFA Society of the UK, having completed the associate examination and subsequently having been granted the ASIP designation. He has 25 years of financial industry experience.

Articles Written

Has the ‘Brexit effect’ left the UK just too unloved?

Has the ‘Brexit effect’ left the UK just too unloved?

​Is there such a thing as irresistible value? In this article, Stephen Payne, lead manager on the Janus Henderson Cautious Managed Fund, picks four key charts and gives his view on the potential value in UK equities at present, in the face of ongoing Brexit uncertainty.

Essentials: Janus Henderson Cautious Managed strategy

In this ‘Essentials’ video, Stephen Payne, Co-Manager of the Janus Henderson Cautious Managed Fund, provides an introduction to the strategy, including how the investment team manages exposure to the different asset classes – equities, bonds and cash. This is a UK-focused fund, holding a combination of UK equities, plus bonds in any country.