QUARTERLY INSIGHTS | APRIL 2022
FIXED INCOME PERSPECTIVES
Connecting you to the latest thinking from our
fixed income teams.
Themes in Focus
In this quarter’s Fixed Income Perspectives, Global Head of Fixed Income Jim Cielinski and our bond market experts discuss some of the dominant themes among investors as central banks work to balance inflation and growth.
- Can central banks balance inflation and growth?
- Which factors have exacerbated inflation?
- How important is communication for central banks?
- Should investors prepare for ongoing volatility?
- How should investors think about portfolio allocation and diversification?
Explore more insights from our experts in the Perspectives that follow.
Fixed Income Capabilities
Janus Henderson Fixed Income provides active asset management solutions to help clients meet their investment objectives. Over the past four decades, our global investment teams have developed a wide range of product solutions to address clients’ varied and evolving needs. From core and multi-sector investing to more focused mandates, we offer innovative and differentiated techniques expressly designed to support our clients as they navigate each unique economic cycle. The capabilities of these teams are available through individual strategies or combined in custom-blended solutions.
While shared knowledge across teams and regions encourages collaboration and the debate of investment ideas, each team retains a defined level of flexibility within a disciplined construct. Environmental, Social and Governance (ESG) considerations, for example, are a key element of our credit research process and integrated within each team’s investment approach. Our portfolio construction processes are governed by a rigorous risk management framework with the intent of delivering stronger risk-adjusted returns. Further, we believe transparency is the foundation of true client partnerships; we seek to earn and maintain our clients’ confidence by delivering robust and repeatable investment processes and by providing firsthand insights from our investment professionals.
The Janus Henderson Fixed Income platform comprises 109 investment professionals situated in the UK, US and Australia. The teams are responsible for US$79.6 billion* in client assets.
*As of 31 March 2022
Inflation is the rate at which the prices of goods and services are rising in an economy.
Monetary policy pertains to the policies of a central bank, aimed at influencing the level of inflation and growth in an economy. It includes controlling interest rates and the supply of money. Monetary stimulus refers to a central bank increasing the supply of money and lowering borrowed costs. Monetary tightening refers to central bank activity aimed at curbing inflation and slowing down growth in the economy by raising interest rates and reducing the supply of money.
Volatility is the rate and extent at which the price of a portfolio, security or index, or a market’s overall value moves up and down. Large movements up or down equate to high volatility. Moves that are slower, and to a lesser extent, equate to lower volatility.