Janus Capital Group Inc. announced Monday it launched three separately managed account investment strategies for U.S. institutional investors.
The new offerings, the Janus Emerging Markets Equity Portfolio, the Janus Global High Yield Portfolio and the Janus Global Investment Grade Bond Portfolio, were developed in response to client demand for actively managed emerging market equity and global bond strategies.
The Janus Emerging Markets Equity Portfolio will invest in emerging markets securities and be benchmarked to the MSCI Emerging Markets Index. The strategy is managed by co-portfolio managers Wahid Chammas and Matt Hochstetler. The portfolio managers will invest up to 80% in companies domiciled in emerging markets.
“Emerging market equities are increasingly becoming an important part of the global economy,” said Jonathan Coleman, Janus’ co-chief investment officer. “We think this strategy will be a compelling investment option for investors seeking access to emerging markets in a standalone strategy.”
The Janus Global High Yield Portfolio and the Janus Global Investment Grade Bond Portfolio, which were launched Friday, are Janus’ first two global bond strategies. The portfolios, which are co-managed by Gibson Smith and Darrell Watters, will use a fundamentally driven investment process focused on credit-orientated investments globally
The benchmark for the Janus Global High Yield Portfolio is the Barclays Capital Global High Yield Index and Janus Global Investment Grade Bond Portfolio is benchmarked to the Barclays Capital Global Aggregate Corporate Bond Index.
Smith, who also is Janus’ Co-CIO of fixed income, said in a press release that Janus’ expertise in corporate credit could provide an alternative to many of the macro-driven strategies that dominate the global fixed-income investing marketplace. “As global credit markets mature and offer a more robust investment opportunity set, institutional investors are focusing on diversifying their fixed income managers in an effort to enhance portfolio returns,” Smith said. “One of the things we believe differentiates Janus is our integrated fixed income-equity research model, which allows us to analyze a business in its entirety and make better informed credit decisions. We think our global strategies will expand our product offerings and help us deliver strong long-term risk-adjusted returns for our clients with an eye towards capital preservation.”
Janus, which is based in Denver, had $160.8 billion in assets under management as of Sept. 30.