Elissa Johnson

Portfolio Manager
Elissa Johnson | Janus Henderson Investors

Elissa Johnson is a Secured Credit Portfolio Manager at Janus Henderson Investors. She has been investing in the European leveraged loan market for more than 15 years, covering senior and subordinated, bilateral, club and syndicated loans. Before coming to Henderson in 2009, she was a principal with Apollo Management International LLP responsible for helping to build the European credit business from 2007. Before this, she worked for Citadel from 2004 to 2007 and earlier at PIMCO and Merrill Lynch, where she was a top-ranked analyst for three consecutive years.

Ms. Johnson received an MA in economics from St. John’s College, Cambridge. She is a Fellow of the Chartered Institute for Securities and Investment (FCISI Dip) and has 26 years of financial industry experience.

Articles Written

Secured loans update: to default, or not to default, that is the question

Secured loans update: to default, or not to default, that is the question

Elissa Johnson, Portfolio Manager and secured loans specialist within the Secured Credit Team, discusses the probability of corporate defaults in the aftermath of the Covid-19 crisis and whether the risks are priced in.

Finding value in the Covid-19 crisis — a secured loans view

Finding value in the Covid-19 crisis — a secured loans view

Elissa Johnson, Portfolio Manager and secured loans specialist within the Secured Credit Team, examines developments in the leveraged finance markets since the extent of the Covid-19 crisis became apparent in March.

Secured Credit Insight: European loans ESG — not just green investing

Secured Credit Insight: European loans ESG — not just green investing

In this view from the Secured Credit desk, Elissa Johnson, Portfolio Manager within the Secured Loans Team, outlines the team’s ESG philosophy, as well as the ratings and trends within the Secured Loans Fund, explaining why there is more than just a ‘green’ colour in the portfolio.

2020 vision — clearer opportunities within European secured loans

2020 vision — clearer opportunities within European secured loans

Elissa Johnson, Co-Manager of the Secured Loans Fund and Oliver Bardot, Associate Portfolio Manager within the Secured Loans Team, evaluate risks and opportunities in the European loans market in 2020 and how they might impact their portfolios.

Secured Credit Insight: definitely a time for being active
Global Perspectives Credit

Secured Credit Insight: definitely a time for being active

Elissa Johnson, Portfolio Manager and secured loans specialist within the Secured Credit Team examines the level of dispersion in leveraged credit markets and questions whether average market spread levels are becoming increasingly meaningless.

Secured Credit Insight: EU directive for insolvency and restructuring
Quick Views

Secured Credit Insight: EU directive for insolvency and restructuring

Following almost two and a half years of consultations, the European Council (EU) formally adopted new rules on business insolvency on 6 June 2019. Secured loans specialists within the Secured Credit Team, Elissa Johnson, Portfolio Manager and, Guillaume Bezard-Falgas, Associate Portfolio Manager, share their views and shed light on the new directive.

Leveraged loans — a look behind the headlines

Leveraged loans — a look behind the headlines

​The financial press has not been short of alarming headlines on leveraged loans in recent months. Elissa Johnson, Portfolio Manager within Janus Henderson’s specialist loans team headed by David Milward, clarifies some of the negativity in the messages from a European perspective…