Janus Henderson

There’s a lot of uncertainty out there in the market, but fear of missing out means investors are turning a blind eye to it. August’s ‘volmageddon’ could be a sign of things to come.

When is a bubble not a bubble? When traditional monetary transmission mechanisms are disintermediated by private credit. Meanwhile, a decent chunk of so-called ‘alternatives’ are just beta in a low-vol wrapper.

2022 has left investors battered. The start of 2023 will leave them merely bruised. But analysts and economists alike aren’t pricing recession right.

The only reason private equity hasn’t suffered as much in this downturn is the discretion that sponsors have over its valuation. That’s going to change – and so is investors’ willingness to believe the impossible.

Big and traditional managers are encroaching further on the space of alternative managers, gauging by winners and finalists at the sector’s annual awards on Friday night. The Australian Alternative Investment Awards, held in conjunction with the Hedge Funds Rock charity night at the Sydney Hilton, December 10, represented a welcome live, and lively, event for…

The rapid adoption of ESG strategies, particularly in the wholesale market segment, should prompt a rethink of portfolio construction, according to Janus Henderson Investors. Adding ESG to the mix can cause unexpected tilts. In a global media webinar series last month (June 23-24), Adam Hetts, the manager’s US-based global head of portfolio construction and strategy,…