For Institutional Investors in the US

Jim Cielinski, CFA

Global Head of Fixed Income
James Cielinski, CFA | Janus Henderson Investors

Jim Cielinski is Global Head of Fixed Income at Janus Henderson Investors, a position he has held since 2017. He oversees all of the global fixed income products and teams and leads Corporate Credit as well. Previously, Jim was the global head of fixed income for Columbia Threadneedle Investments from 2010. Prior to joining Columbia Threadneedle, he spent 12 years at Goldman Sachs Asset Management as managing director and head of credit. Before that, he was head of fixed income for Utah Retirement Systems, assistant manager of taxable fixed income for Brown Brothers Harriman & Co., and an equity portfolio manager for First Security Investment Management.

Jim received bachelor of science degrees in management and finance from the University of Utah and an MBA with a concentration in finance from New York University, Stern School of Business. He holds the Chartered Financial Analyst designation and has 39 years of financial industry experience.

Articles Written

Midterms matter – just less so at 8% inflation
Timely & Topical

Midterms matter – just less so at 8% inflation

Inflation may cause markets to buck the trend of positive returns after the U.S. midterm elections.

Credit Risk Monitor: Fundamentals in focus as credit cycle weakens
Features & Outlooks

Credit Risk Monitor: Fundamentals in focus as credit cycle weakens

As the credit cycle continues to weaken, investors should watch for an inflection point in policy, earnings, or economic growth.

Front-end rates indicate riskier assets need a reality check
Timely & Topical

Front-end rates indicate riskier assets need a reality check

This year’s bond market stress is a warning sign to other asset classes and the real economy.

ISG Insight: beyond an inflation peak
Features & Outlooks

ISG Insight: beyond an inflation peak

What happens beyond peak inflation and can central banks navigate a soft landing with their inflation ‘blinkers’ on?

The Outlook for Fixed Income Hinges on Inflation

The Outlook for Fixed Income Hinges on Inflation

Why inflation remains the hinge point for fixed income.

ISG Insight: What Goes Up Must Come Down
Features & Outlooks

ISG Insight: What Goes Up Must Come Down

Markets have fastened on to some dramatic inflation headlines in recent months but as economic growth comes under pressure is there a risk of policy error?

Signposts to Watch as the Credit Cycle Turns
Analysis & Studies

Signposts to Watch as the Credit Cycle Turns

Rates uncertainty and market volatility remain in focus for investors in credit as central banks move more aggressively on their tightening path.

Opposing Forces
Features & Outlooks

Opposing Forces

A look at potential economic outcomes as central banks seek to maintain growth while stamping on inflation.

Inflation Dilemma: Where Now for Central Banks and Fixed Income?

Inflation Dilemma: Where Now for Central Banks and Fixed Income?

Jim Cielinski considers the dilemma for central banks as they are caught between decades-high inflation and an increasingly uncertain growth outlook.

Inflation dilemma: where now for central banks and fixed income?

Inflation dilemma: where now for central banks and fixed income?

Jim Cielinski considers the dilemma for central banks as they are caught between decades-high inflation and an increasingly uncertain growth outlook.

Fixed Income: The last hurrah
Features & Outlooks

Fixed Income: The last hurrah

The lagged impact of policy largesse should initially drive earnings and inflation, but as 2022 progresses, a more familiar picture will likely emerge.

ISG Insight: Thriving in the Bond Market
Features & Outlooks

ISG Insight: Thriving in the Bond Market

With macro and microeconomic fundamentals improving and corporate bonds priced for this to continue, we explore what could go wrong and how fixed income markets might respond.