Janus Henderson expands Fixed Income capabilities with hiring of Emerging Market Debt team
Janus Henderson expands Fixed Income capabilities with hiring of Emerging Market Debt team
The team comprises long-standing and well-respected portfolio managers Bent Elvin Lystbaek, Jacob Ellinge Nielsen, Thomas Haugaard, and Sorin Pirău.
The team joins from Danske Bank Asset Management, where they managed EUR6bn in hard currency EMD pooled vehicles and segregated accounts for both institutional and retail clients. They will join Janus Henderson by 1st September 2022 and report to Jim Cielinski, Global Head of Fixed Income. The team will be based in Copenhagen, Denmark, further expanding the firm's northern European footprint.
Cielinski says the EMD team acquisition emphasizes Janus Henderson's focus on meeting clients' needs for standalone emerging market debt strategies and enhancing Janus Henderson's overall global fixed income franchise and ability to build multi-sector fixed income solutions.
"Emerging markets debt is a fast-growing segment of the market that many investors look to for higher income and risk-adjusted returns. We believe this is a critical component of a global fixed income platform that supports single-strategy and multi-sector portfolios. Adding this EMD hard currency capability to Janus Henderson's global fixed income platform complements our existing strengths in Emerging Market corporate credit, global bonds, and Emerging Market equities. We are excited to welcome our new colleagues Bent, Jacob, Thomas, and Sorin to Janus Henderson and look forward to generating risk-adjusted returns for our clients," Cielinski said.
The EMD team's investment process has consistently delivered for clients since its inception in 2013. It seeks to generate alpha through country allocation and security selection, focusing on credit risk premia. The team integrates environmental, social, and governance factors into the research process and considers quantitative and qualitative factors to determine an internal, forward-looking score.