For Institutional Investors in the US

Tom Ross, CFA

Global Head of High Yield | Portfolio Manager

Tom Ross is Global Head of High Yield at Janus Henderson Investors, a role he has held since 2022. In this role, Tom is responsible for leading investment strategy and portfolio management of the firm’s high yield franchise. He has been a Portfolio Manager since 2006 and is responsible for co-managing the US, Global, and European High Yield strategies, as well as the Euro Investment Grade Credit strategy since 2022, 2015, 2015 and 2015, respectively. Prior to portfolio management, he specialised in credit trading on Henderson’s centralised dealing desk. He joined Henderson in 2002.

Tom graduated with a BSc degree (Hons) in biology from Nottingham University. He holds the Chartered Financial Analyst designation and has 20 years of financial industry experience.

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Articles Written

High yield bonds: five factors behind current spread levels
Timely & Topical

High yield bonds: five factors behind current spread levels

Credit spreads have widened but with recession fears in the air what are the factors currently keeping them in check?

Companies Are Repaying Debts on a Global Scale
Analysis & Studies

Companies Are Repaying Debts on a Global Scale

Global corporate net debt fell by 0.2% on a constant-currency basis in 2021 to 2022 to $8.15 trillion.

Credit’s response as the policy brakes tighten
Features & Outlooks

Credit’s response as the policy brakes tighten

As central banks seek to put the brakes on higher inflation, how is this affecting credit markets?

High-Yield Bonds: The Useful Side of Supply Constraints

High-Yield Bonds: The Useful Side of Supply Constraints

Low primary supply (new issuance) in the high-yield bond market is providing some support for high-yield bonds amid inflation and growth concerns.

Global Perspectives Podcast: The High Is Back in High Yield

Global Perspectives Podcast: The High Is Back in High Yield

Recession risks and rising rates have lifted yields on high yield bonds, so are these concerns now largely priced in?

Five questions fixed income investors are asking in 2022
Features & Outlooks

Five questions fixed income investors are asking in 2022

Our fixed income teams consider monetary policy-related conundrums and where, outside of policy, they see opportunities and risks for investors.

High Yield in a Rising Rate Environment

High Yield in a Rising Rate Environment

How factors affecting credit risk in high yield bonds might help balance upward pressure on interest rate risk.

High yield in a rising rate environment

High yield in a rising rate environment

Brent Olson and Tom Ross, corporate credit portfolio managers on our Global High Yield platform, explore how factors affecting credit risk in high yield might help balance upward pressure on interest rate risk.

High-Yield Bonds: Looking Under the Hood
Analysis & Studies

High-Yield Bonds: Looking Under the Hood

Why we believe high-yield bond returns in 2022 will be driven more by understanding the mechanics of individual companies’ fundamentals.

China’s economic rebalancing casts a cloud on property

China’s economic rebalancing casts a cloud on property

Fixed income portfolio managers Jennifer James and Tom Ross consider how efforts to rebalance the economy in China are having far-reaching implications.

The turn: high yield on the road to deleveraging

The turn: high yield on the road to deleveraging

Tom Ross, within the Global Corporate Credit Team, looks at whether the trajectory of credit fundamentals supports the strength in high yield bond markets.

High Yield: Passing the Baton from Beta to Alpha
Features & Outlooks

High Yield: Passing the Baton from Beta to Alpha

With credit spreads gradually tightening, returns will likely become less about market direction (beta) and more about identifying individual opportunities (alpha).