Nick Childs, CFA
Nick Childs is a Portfolio Manager on the Securitised Credit Team at Janus Henderson Investors, a position he has held since 2018. He was a securitised products analyst for both US and global multi-sector fixed income portfolios at the firm from 2017 to 2022. Prior to joining Janus, Nick was a portfolio manager at Proprietary Capital, LLC from 2012 to 2016 where he managed alternative fixed income strategies specialising in MBS, absolute return investing. He also managed all major US interest rate and MBS risks, modelling borrower behaviour and MBS deal structure, and advancing market-neutral hedging strategies. Before that, he was vice president at Barclays Capital in capital markets, where he focused on securitised products from 2007. Earlier, he was vice president at Lehman Brothers. He began his career at State Street Global Advisors in 2003.
Nick received his bachelor of science degree in finance with a minor in economics from the University of Denver. He holds the Chartered Financial Analyst designation and has 20 years of financial industry experience.
Products Managed
Articles Written
Balancing yield and duration: The fixed income barbell trade
How bond investors can take advantage of higher short-term yields while still managing duration exposure.
Flip flop: What MBS investors can learn from Zillow’s failed house-flipping business
How Zillow’s failed house-flipping business demonstrates the value of active management in MBS investing.
How a hawkish Fed may impact AAA CLO returns
Considering what could be in store for AAA CLO returns given a still-hawkish Fed.
Mortgage-backed securities: Priced for imperfection?
Head of U.S. Securitized Products John Kerschner and Portfolio Manager Nick Childs explain why they believe key risks are now largely priced in to fixed income markets.
Global Perspectives: Mortgage-backed securities – has the baby gone out with the bathwater?
A discussion on mortgage-backed securities in the latest episode of our Global Perspectives podcast series.
Tapering without the tantrum
We believe the Fed learned its lesson from the 2013-2014 “taper tantrum,” and efforts to better communicate its intentions will result in lower volatility this time around.