For financial professionals in Sweden

Ales Koutny, CFA

Portfolio Manager

Ales Koutny is a Portfolio Manager at Janus Henderson Investors responsible for co-managing the Emerging Markets Corporate strategy, a position he has held since 2022. Before that, he was associate portfolio manager from 2019 and was promoted to portfolio manager in 2021. Prior to joining Henderson as a portfolio analyst in 2015, Ales was an analyst at J.P. Morgan Asset Management. He started his career in 2013 as an analyst with a health care boutique.

Ales earned a BA degree (Hons) in entrepreneurship from Manchester Metropolitan University and his master’s degree in finance with a major in behavioural economics from Grenoble Graduate School of Business. He holds the Chartered Financial Analyst designation and has 9 years of financial industry experience.

Articles Written

China’s trilemma and the renminbi’s fall

China’s trilemma and the renminbi’s fall

The renminbi’s resilience has faltered as appetite for Chinese assets has turned. What does this mean for China’s markets as the country faces a rekindled policy trilemma?

‘Swissie’ causing headaches for its central bank

‘Swissie’ causing headaches for its central bank

The Swiss franc is on an appreciating trajectory versus the euro. What can the central bank do to stem the rise?

Divergent emerging market outcomes in an uneven recovery

Divergent emerging market outcomes in an uneven recovery

Portfolio managers and emerging market debt specialists Jennifer James and Ales Koutny analyse emerging market (EM) country fundamentals and consider how they influence opportunities for investors.

Will Japan join the tightening party?

Will Japan join the tightening party?

The inflation narrative in Japan is shifting to focus on upside risk. Portfolio manager Ales Koutny considers whether Japan could join other developed market peers in the exit from accommodative policy.

The Great Transition: demographic change in China

The Great Transition: demographic change in China

Jennifer James and Ales Koutny, emerging market specialists within the Global Bonds Team, interpret the data in China’s latest census, highlighting pressing economic and societal issues that will need to be addressed.