Filling the white space between money market funds and conventional core fixed income, absolute return fixed income products offer appeal to investors seeking returns with low volatility. That is why today, Janus Henderson Investors has launched the Janus Henderson Absolute Return Fixed Income Fund. The fund has UCITS status, is denominated in GBP and registered in England and Wales and will sit in the Investment Association’s Targeted Absolute Return sector.
Está gestionado por un equipo con una dilatada trayectoria en el ámbito de la inversión en renta fija de retorno absoluto que se remonta a 2006, cuando Nick Maroutsos y Kumar Palghat cofundaron Kapstream, un grupo especializado en renta fija de retorno absoluto global. El nuevo fondo utilizará el mismo enfoque de inversión que la estrategia existente Absolute Return Income, que actualmente tiene un tamaño de 9,3 millones de dólares*
El fondo estará cogestionado por Nick Maroutsos, corresponsable de renta fija global, Dan Siluk, gestor de carteras, y Jason England, gestor de carteras, y contará con el apoyo de un equipo con una experiencia media en inversión de 18 años.
Su objetivo es ofrecer rentabilidades positivas en distintos contextos de mercado y pone especial énfasis en mantener una volatilidad reducida y en la preservación del capital, si bien este no está garantizado. Los gestores invierten en un núcleo de títulos con grado de inversión y vencimientos más cortos con diversificación a escala global, junto con un pequeño número de estrategias basadas en derivados que se implementan para gestionar los riesgos de caída y generar rentabilidad adicional.
Nick Maroutsos, corresponsable de renta fija global, comentó:
«Nuestro objetivo es ofrecer unas rentabilidades positivas haciendo hincapié en mantener una volatilidad reducida y una escasa correlación con otras clases de activos. Empezamos desde cero, sin basarnos en un índice de referencia, y buscamos oportunidades a escala global para generar rentas y captar valor relativo. El lanzamiento de este fondo nos permite optimizar nuestras inversiones estratégicas para maximizar las rentabilidades ajustadas al riesgo para los inversores basados en la región».
Ignacio de la Maza, responsable de ventas para Iberia y Latinoamérica y del canal minorista para Europa continental de Janus Henderson Investors, comentó:
«Estamos encantados de ofrecer esta estrategia de renta fija de retorno absoluto de modo que resulte atractiva para los clientes que operan en euros. Creemos que este fondo constituye una estrategia complementaria a los fondos de renta fija tradicionales que siguen índices de referencia para los inversores de la zona del euro, que siguen haciendo frente a unos tipos negativos».
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Peticiones de prensa
Lucy Ausden
Head of Media Relations
0207 8182074
Lucy.ausden@janushenderson.com
*Janus Henderson Absolute Return Fund size as at 31 December 2018.
Janus Henderson Investors
Notes to editors
More about the fund
– The fund is able to invest across global fixed income markets and is unconstrained by a benchmark. The fund is able to invest across global fixed income markets and is unconstrained by a benchmark.
– The team has managed strategies with a history of low volatility since 2006. The team’s longest running strategy has an annualised volatility of 0.9% since launch*. The team has managed strategies with a history of low volatility since 2006. The team’s longest running strategy has an annualised volatility of 0.9% since launch*.
– Duration on the strategy has historically been below two years, providing low sensitivity to interest rate changes*.
More about the team
– US$9.3 billion is managed in this strategy as at 31 December 2018, on behalf of clients. US$9.3 billion is managed in this strategy as at 31 December 2018, on behalf of clients.
– Nick Maroutsos and Kumar Palghat co-founded Kapstream in 2006, a subsidiary of Janus Henderson Investors, with a focus on absolute return fixed income investing. Nick Maroutsos and Kumar Palghat co-founded Kapstream in 2006, a subsidiary of Janus Henderson Investors, with a focus on absolute return fixed income investing.
– As well as the portfolio managers, the strategy benefits from a global team that includes specialists based in the US, UK and Australia.
* Source: Janus Henderson Investors, as at 31 December 2018.
Nick Maroutsos Co-Head of Global Bonds Portfolio Manager
Nick Maroutsos is Co-Head of Global Bonds at Janus Henderson Investors, a position he has held since 2018. He is also a Portfolio Manager responsible for co-managing the Absolute Return Income strategy and Short Duration Income ETF. Additionally, Nick is a founder and Managing Director of Kapstream Capital. Prior to forming Kapstream in 2006, he was with PIMCO from 1999 to 2005. From 2002 to 2005, Nick was vice president at PIMCO in Australia, where he worked with key clients and managed the development and launch of new strategies for the Australian market. From 2001 to 2003, he was a senior portfolio analyst on the global trading team managing the global fixed income portfolios and firm-wide global strategies. This entailed analysing fixed income markets, the strategic implementation of all global portfolios, and portfolio construction. Nick joined PIMCO’s Newport Beach, California, office in 1999. He is a sought-after expert on the global bond market and is a key speaker at industry forums and conferences. He and his colleagues have received numerous industry accolades and recognition. Nick received a bachelor of arts degree in economics from the University of California – San Diego and an MBA from the University of California – Los Angeles, Anderson School of Management. He has 20 years of financial industry experience.
Daniel Siluk Portfolio Manager
Daniel Siluk es gestor de carteras en Kapstream Capital, filial de Janus Henderson Investors, que adquirió Kapstream en 2015. Es responsable de la gestión conjunta de las estrategias Absolute Return Income y Absolute Return Income Plus. Antes de su incorporación a Kapstream en 2009, trabajó como gestor de análisis de inversión en Challenger entre 2007 y 2009. En ese periodo, proporcionó mediciones de atribución y riesgo para la gestión de fondos internos de la entidad, junto con sus gestoras socias, entre ellas Kapstream. Antes de Challenger, pasó cuatro años en Londres, donde implantó y probó sistemas de atribución y riesgo para Insight Investment, la división de gestión de fondos de Halifax Bank of Scotland, y Northern Trust. Daniel obtuvo un grado en finanzas aplicadas en la Universidad Macquarie. Cuenta con 16 años de experiencia en el sector financiero.
Tim Winstone, CFA Portfolio Manager
Tim Winstone es gestor de carteras de crédito empresarial en Janus Henderson Investors, puesto que viene ocupando desde su incorporación a Henderson en 2015. Tim cogestiona las estrategias European Investment Grade. Antes de Henderson, fue director ejecutivo, gestor de carteras sénior de renta fija y parte del equipo de crédito global en UBS Global Asset Management. Comenzó su carrera como asistente de carteras en Thesis Asset Management y ha trabajado en crédito global desde 2004.
Tim obtuvo una licenciatura con honores en Matemáticas por la University of Bristol. Cuenta con la designación de analista financiero certificado (CFA) y el Investment Management Certificate y ha aprobado la unidad de normativa y cumplimiento normativo del Diploma del CISI. Cuenta con 16 años de experiencia en el sector financiero.
JANUS HENDERSON INVESTORS – QUIÉNES SOMOS
Janus Henderson Group (JHG) es una gestora de activos dinámica líder mundial, dedicada a ayudar a los inversores a alcanzar sus objetivos financieros a largo plazo, mediante una amplia gama de soluciones de inversión, como renta variable, renta fija, acciones cuantitativas, multiactivos y estrategias de clases de activos alternativas.
A 31 de diciembre de 2018, Janus Henderson tiene aproximadamente 328.500 millones de dólares en activos gestionados, más de 2.000 empleados y oficinas en 28 ciudades de todo el mundo. Con sede en Londres, la compañía cotiza en la Bolsa de Nueva York (NYSE) y la Bolsa de valores de Australia (ASX).
Información importante
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