Janus Capital International has launched a fixed income fund and claimed the bottom-up strategy will complement a market place dominated by macro-based investing.
The Janus Global Flexible Income fund will target investment grade and high yield bonds worldwide, using a fundamentally driven process.
Gibson Smith, a co-manager of the fund and Janus’ co-chief investment officer, said the fund offered “an alternative and complementary style to many of the macro-driven strategies that dominate the global fixed-income marketplace”.
The fund’s primary benchmark is Barclays Capital Global Aggregate Bond Index.
Darrell Watters and Chris Diaz are the other co-managers.
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