Janus Capital Group Inc. (NYSE: JNS) today announced the launch of three new investment strategies, which are available for U.S. institutional investors in separate accounts. The new offerings: Janus Emerging Markets Equity Portfolio, Janus Global High Yield Portfolio and 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 will be benchmarked to the MSCI Emerging Markets Index. The strategy, which was formally launched on September 30, 2010, 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 that they believe are trading below their estimate of the stock’s long-term value. They seek quality companies that they believe have sustainable competitive advantages and high or improving returns on capital.
“Emerging market equities are increasingly becoming an important part of the global economy,” said Jonathan Coleman, Co-CIO, Equity with Janus. “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 Janus Global Investment Grade Bond Portfolio, which were launched on October 29, 2010, are Janus’ first two global bond strategies. The portfolios, which are co-managed by portfolio managers Gibson Smith and Darrell Watters, will utilize afundamentally driven investment process focused on credit-orientated investments around the world.
The benchmark for 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 serves as Janus’ Co-CIO, Fixed Income, believes 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,” said Smith. “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.”
For more information, please visit www.janus.com/institutional
About Janus Capital Group Inc.
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and risk-managed equities, fixed income and alternatives through one common distribution platform.
At the end of September 2010, JCG managed $160.8 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo and Melbourne.
James Aber, 303-336-4513