For Financial Professionals in the US

Nick Maroutsos

Head of Global Bonds | Portfolio Manager

Nick Maroutsos is Head of Global Bonds at Janus Henderson Investors. He is also a Portfolio Manager responsible for co-managing the Absolute Return Income, Absolute Return Income Plus, Global Multi-Sector Fixed Income and Global ex-UK Government Bond strategies. Additionally, Mr. Maroutsos is a founder and Managing Director of Kapstream Capital. Prior to forming Kapstream in 2006, he was with PIMCO from 1999 to 2005. From 2002 to 2005, Mr. Maroutsos was vice president at PIMCO in Australia, where he worked with key clients and managed the development and launch of new strategies for the Australian market. From 2001 to 2003, he was a senior portfolio analyst on the global trading team managing the global fixed income portfolios and firm-wide global strategies. This entailed analyzing fixed income markets, the strategic implementation of all global portfolios, and portfolio construction. Mr. Maroutsos joined PIMCO’s Newport Beach, California, office in 1999. He is a sought-after expert on the global bond market and is a key speaker at industry forums and conferences. Mr. Maroutsos and his colleagues have received numerous industry accolades and recognition.

Mr. Maroutsos received a bachelor of arts degree in economics from the University of California – San Diego and an MBA from the University of California – Los Angeles, Anderson School of Management. He has 22 years of financial industry experience.

Articles Written

Keeping It Real: Interpreting the Climb in Bond Yields

Keeping It Real: Interpreting the Climb in Bond Yields

The recent steep rise in yields has unsettled markets.

Giving Savers a Chance in Short-Duration Fixed Income

Giving Savers a Chance in Short-Duration Fixed Income

Negative real yields have punished savers for much of the past decade.

Short-Duration Fixed Income: Save Should Not Mean Sacrifice

Short-Duration Fixed Income: Save Should Not Mean Sacrifice

Portfolio Manager Nick Maroutsos believes that capital preservation and attractive risk-adjusted returns are not mutually exclusive despite zero-interest rate policy across much of the developed world.

Tempering Expectations
Quick Views Interest rates

Tempering Expectations

A sub-optimal vaccine rollout and persistently soft economic data portends a slower-than-expected emergence from the pandemic-driven recession, explains Portfolio Manager Nick Maroutsos.

Hardly a Stoic Fed

Hardly a Stoic Fed

The Federal Reserve declined to expand accommodative policy measures, but the decision does not suggest the central bank is backing off from supporting the economic recovery.

Global Bonds in 2021: Better but Still Bumpy

Global Bonds in 2021: Better but Still Bumpy

Portfolio Manager Nick Maroutsos explains why bond investors should be cautiously optimistic as we enter 2021.

Why Active in Fixed Income Exchange-Traded Products

Why Active in Fixed Income Exchange-Traded Products

Join our team of fixed income experts as they discuss current market situations and the spectrum of high-quality fixed income strategies for a diversified fixed income portfolio.

A letter to the Fed from a concerned friend

A letter to the Fed from a concerned friend

Head of Global Bonds Nick Maroutsos expresses concern that monetary policy focused on financial markets will do little to ignite the growth needed for the economy to recover from recent weakness.

Bond Markets Channel Their Inner Tubthumping

Bond Markets Channel Their Inner Tubthumping

A reflection on how the lyrics of a pop hit from 20 years ago can have some interesting overlap with today’s crisis-hit economy and markets.

A Superfluous Tweak to the Fed’s Mandate

A Superfluous Tweak to the Fed’s Mandate

Despite a shift in policy, the Federal Reserve will likely not have to worry about watching inflation climb above its target of averaging 2% over the long term.

A negative fed funds rate: not yet willing – or needing – to go “there”

A negative fed funds rate: not yet willing – or needing – to go “there”

Co-Head of Global Bonds Nick Maroutsos states that even without negative interest rates, bond portfolios must work harder to achieve desired results.

Market GPS: Fed Policy to Cast Long Shadow over 2020

Market GPS: Fed Policy to Cast Long Shadow over 2020

Nick Maroutsos highlights what fixed income investors can expect in 2020 as the Fed’s near-term policy path remains far from certain.