Please ensure Javascript is enabled for purposes of website accessibility Global Moderate Managed Account MA80 | Janus Henderson Investors
For Financial Professionals in the US

Global Moderate Managed Account

A diversified core portfolio designed to provide long-term growth

Overview

About this Portfolio

The Global Moderate Managed Account seeks long-term growth through a balanced mix of global equities and fixed income investments. Managed using a disciplined macro framework, the strategy dynamically adjusts allocations across regions, sectors and asset classes while maintaining a balanced risk profile.

Why Invest in this Portfolio

Diversified growth approach
Provides balanced exposure to global equities and fixed income while maintaining a disciplined focus on risk management.

Profit-cycle driven investing
Asset allocation decisions are guided by a proprietary framework that evaluates corporate profits, liquidity and investor sentiment to identify opportunities across global markets.

Balanced risk profile
Provides a diversified core portfolio designed to participate in long-term market growth while managing overall portfolio risk.

Asset Allocation Guidelines

The strategy’s allocation is based on a long-term neutral policy of 50% equity, 45% fixed-income and 5% cash.

But it has the flexibility to go +/- 10%:

  • Equity: 40% to 60%
  • Fixed Income: 35% to 55%
  • Cash: 0% to 15%
Allocation ranges and neutral positions by asset class
Asset classMinimumNeutralMaximum
Equity40%50%60%
Fixed income35%45%55%
Cash0%5%15%

Benchmarks

Benchmark
50% MSCI ACWI Index; 45% Bloomberg US Aggregate Bond Index; 5% Bloomberg 1-3 month US T-Bill
Inception date
09/30/2011

Portfolio Management

Richard Bernstein

Global Head of Macro & Customized Investing​

Industry since 1981.

Michael Contopoulos

Head of Multi-Asset Macro Investing

Industry since 1999. Joined Firm in 2026.

Performance

RETURNS (%) (As of 06/30/2026)
Composite Gross Composite Net 50% MSCI ACWI, 45% BB US Agg Bond Index, 5% BB 1-3 month US T-Bill
 
3M YTD 1YR 3YR 5YR Since Inception
Composite Gross 6.66 7.32 14.98 10.40 4.66 6.23
Composite Net 5.89 5.76 11.66 7.20 1.61 3.14
50% MSCI ACWI, 45% BB US Agg Bond Index, 5% BB 1-3 month US T-Bill 7.63 5.96 13.48 11.90 5.84 7.24
RETURNS (%) (As of 08/31/2026)
Composite Gross Composite Net 50% MSCI ACWI, 45% BB US Agg Bond Index, 5% BB 1-3 month US T-Bill
 
3M YTD 1YR 3YR 5YR Since Inception
Composite Gross 1.42 8.48 13.95 11.18 4.69 6.23
Composite Net 0.68 6.37 10.66 7.96 1.64 3.15
50% MSCI ACWI, 45% BB US Agg Bond Index, 5% BB 1-3 month US T-Bill 0.74 7.02 11.93 12.22 5.62 7.21
Calendar Year Returns (%)
Composite Gross Composite Net 50% MSCI ACWI, 45% BB US Agg Bond Index, 5% BB 1-3 month US T-Bill
2025 2024 2023 2022 2021 2020 2019
Composite Gross 14.23 6.78 6.49 -10.84 8.26 12.68 15.90
Composite Net 10.93 3.68 3.39 -13.47 5.12 9.42 12.55
50% MSCI ACWI, 45% BB US Agg Bond Index, 5% BB 1-3 month US T-Bill 14.71 9.45 13.74 -14.69 8.31 12.58 17.16

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