For Institutional Investors in the US

Daniel Siluk

Portfolio Manager

Daniel Siluk is a Portfolio Manager at Kapstream Capital, a subsidiary of Janus Henderson Investors, which acquired Kapstream in 2015. He is responsible for co-managing the Absolute Return Income and Absolute Return Income Plus strategies. Prior to joining Kapstream in 2009, he served as manager of investment analytics at Challenger, a position he held from 2007 to 2009. While there, he provided attribution and risk metrics for the firm’s internal funds management business as well as their boutique partnerships, which included Kapstream. Before Challenger, he spent four years in London, where he implemented and tested attribution and risk systems for Insight Investment, the funds management arm of Halifax Bank of Scotland, and Northern Trust.

Daniel received a bachelor of applied finance degree from Macquarie University. He has 18 years of financial industry experience.

Articles Written

Absolute Return Fixed Income: The bumpy return of duration risk
Features & Outlooks

Absolute Return Fixed Income: The bumpy return of duration risk

Facing structurally higher interest rates, bond investors must again prioritize duration risk.

When the Rising Tide That Lifts All Boats Subsides

When the Rising Tide That Lifts All Boats Subsides

This year’s bond market selloff exposed the risks embedded in relative-return strategies tethered to market cap-weighted benchmarks.

Caution Merited in an Increasingly Uncertain Market
Features & Outlooks

Caution Merited in an Increasingly Uncertain Market

Bond investors should exercise caution as accelerating inflation has increased the risk of policy error.

Another Step toward Policy Tightening – with a Caveat

Another Step toward Policy Tightening – with a Caveat

We caution against classifying the Fed’s interest rate “liftoff” decision as being unequivocally hawkish.

Global Bonds: A Very Narrow Path for Monetary Policy

Global Bonds: A Very Narrow Path for Monetary Policy

Monetary policy – and the risk of policy error – are likely to be some of the greatest influences on bond markets in 2022.

Fed Up? The Fallout from Overly Sweetened Monetary Policy

Fed Up? The Fallout from Overly Sweetened Monetary Policy

Financial markets have started to challenge central banks on their commitment to accommodative policy.

A Balancing Act for Monetary Policy – and Bond Investors

A Balancing Act for Monetary Policy – and Bond Investors

Global bond markets face a period of transition, driven by inflation concerns and shifting monetary policy.