For individual investors in Ireland

John Pattullo

Co-Head of Global Bonds | Portfolio Manager
John Pattullo | Janus Henderson Investors

John Pattullo is Co-Head of Global Bonds at Janus Henderson Investors. He manages and co-manages a range of global bond 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 30 years of financial industry experience.

Articles Written

The message from bond bear steepening
Timely & Topical

The message from bond bear steepening

The Global Bonds Team puts the recent bond bear steepening in context and reflects on what it might mean for the future direction of bond yields.

Tightening the screw: Restrictive policy is taking effect
Timely & Topical

Tightening the screw: Restrictive policy is taking effect

How restrictive policy is taking effect and why it should lead to a pullback in yields from current highs.

Global Perspectives: Dissecting the cycle
Features & Outlooks

Global Perspectives: Dissecting the cycle

Why we believe the market is too pessimistic on inflation improvement but too optimistic on the growth environment.

Global Perspectives: It is all falling into place for bonds in 2023
Features & Outlooks

Global Perspectives: It is all falling into place for bonds in 2023

Evidence of a collapse in inflation and impending economic downturn have potentially built conditions for strong returns from bonds.

Strategic Fixed Income: unfortunately, a recession is baked in the cake
Features & Outlooks

Strategic Fixed Income: unfortunately, a recession is baked in the cake

All the hallmarks for a recession are baked in the cake but have not washed through the economy yet. (Recorded 25 August 2022)

Boom-bust economics is back! Be warned…

Boom-bust economics is back! Be warned…

John Pattullo explains why he believes a recession seems unavoidable and that we are back to the boom-bust economics of the ‘80s.

Reflation train — arriving on time

Reflation train — arriving on time

Jenna Barnard and John Pattullo, co-heads of Strategic Fixed Income, dissect the reflation narrative, sharing interesting views that go somewhat against consensus.

Inflation — the dog that never barks

Inflation — the dog that never barks

​The biggest surprise last year was not only the persistent mis-forecasting of bond yields but also the persistent mis-forecasting of inflation. John Pattullo, Co-Head of Strategic Fixed Income, looks at the underlying causes of why a lot of traditional economic models, assumptions and relationships do not seem to hold in this rather dystopian world in which we live.