For Institutional Investors in the US

Andrew Kaleel

Portfolio Manager

Andrew Kaleel is a Portfolio Manager at Janus Henderson Investors, a position he has held since 2018. He joined Henderson in 2013 as part of the acquisition of H3 Global Advisors, where he was co-head of global commodities and managed futures. In 1994, Mr. Kaleel established H3 Global Advisors, launching systematic managed futures and commodity programs. While there, he managed mandates and proprietary capital on behalf of multiple domestic and international banks, family offices, fund of funds and pension fund clients. Prior to H3 Global Advisors, Mr. Kaleel was with State Super Investment Management, where he oversaw equities execution, currency overlay and cash management of the international equity portfolios. Before that, he worked for Banque Nationale de Paris managing custodial relationships, analytics and broker execution. Earlier in his career, he was with State Street Australia Ltd.

Mr. Kaleel earned a GCert degree in finance from Griffith University in Australia, and was awarded the Griffith Award for Academic Excellence. He was named the S&P Emerging Manager of the Year in 2008 and has 32 years of financial industry experience.

Articles Written

Keep Calm and (Commodity) Carry On

Keep Calm and (Commodity) Carry On

Geopolitical tensions and an outbreak of inflationary expectations have flowed into a less sanguine environment for all asset classes, including commodities.

“Gradually, then Suddenly” – Or How to Fall in Love with Trend Following

“Gradually, then Suddenly” – Or How to Fall in Love with Trend Following

The implications of the “gradually then suddenly” phenomenon as markets respond to a sudden change in expectations for bond and commodity markets.

Commodities – super cycle or just good sense?
Features & Outlooks

Commodities – super cycle or just good sense?

With multiple structural tailwinds and the risk of inflation making headlines, can commodities offer viable diversification for a modern portfolio?

A Closer Look at Dynamic Trend Following

A Closer Look at Dynamic Trend Following

A look at different approaches to capturing micro and macro trends in markets.