High Yield Credit

Our High Yield Credit strategies represent a flexible approach to unearthing value in European and Global high yield corporate bonds.

The High Yield Credit strategies focus predominantly on bottom-up credit selection driven by our experienced team of credit analysts and aim to deliver high conviction portfolios. Although the strategies are run versus a benchmark for performance measurement purposes, the portfolio managers take a flexible approach to portfolio construction with few restrictions over ratings, sector or geography.

With portfolio managers based on both sides of the Atlantic, the portfolios are run with a truly global approach. Portfolio returns are further enhanced by the ability to take positions in investment-grade bonds where there is value or in an entrenched “risk-off” scenario as well as using credit default swaps.


Philosophy

Tom Ross

In a world of continued low interest rates, high yield corporate bonds offer attractive income. Our goal is to enhance total returns and manage downside risk through credit research.”

Tom Ross, Fund Manager

Why?

  • Potential for equity-like returns but with lower volatility
  • Offers portfolio diversification due to low correlation with government bonds
  • Typically less sensitivity to the interest rate cycle than other credit instruments
  • Opportunities to profit from both positive and negative credit events
  • Experienced credit team with a nimble approach

This website is for financial promotion purposes and is not investment advice.

Management

Seth Meyer, CFA

Seth Meyer, CFA

Seth Meyer is a Portfolio Manager at Janus Henderson Investors responsible for co-managing the High Yield, Global High Yield, Multi-Sector Credit and Short Duration High Yield strategies. He also has co-managed the fixed income portion of the Perkins Value Plus Income strategy since 2018. Seth was promoted to assistant portfolio manager supporting primarily the High Yield and Short Duration High Yield strategies in 2012. He joined Janus in 2004 as a product manager covering a variety of equity and fixed income strategies before becoming a credit analyst. Prior to Janus, he was a consultant relations manager at OppenheimerFunds. Seth received his bachelor of science degree in business administration with a concentration in finance from the University of Colorado. He holds the Chartered Financial Analyst designation and has 21 years of financial industry experience.


Thomas Hanson, CFA

Thomas Hanson, CFA

Thomas Hanson is a Portfolio Manager on Corporate Credit at Janus Henderson Investors, a position he has held since 2015. In this role, he is responsible for co-managing the European High Yield strategy and the Credit Alpha strategy. Prior to joining Henderson in 2015, Thomas was a senior credit portfolio manager at Aerion Fund Management. He co-managed the sterling investment-grade corporate bond portfolio for the National Grid pension scheme. He began his career at Lazard Asset Management, where he spent 14 years, and was most recently the lead portfolio manager for all sterling fixed income strategies and a senior portfolio manager for European investment-grade and high-yield funds. Thomas holds a BA degree (joint Hons) in French and management studies from the University of Reading, which included a year studying finance and economics at Université Paris IX Dauphine. He holds the Investment Management Certificate and the Chartered Financial Analyst designation. He has 19 years of financial industry experience.


Tom Ross, CFA

Tom Ross, CFA

Tom Ross is a Corporate Credit Portfolio Manager at Janus Henderson Investors, a position he has held since 2006. He is responsible for co-managing the Global High Yield, European High Yield, European Investment Grade, Absolute Return Credit, and Global Diversified Credit strategies. 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 17 years of financial industry experience.


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