Janus Henderson unveils new active fixed income ETF in Europe

The Fund aims to provide enhanced yield and capital preservation across various market cycles by investing in an actively managed portfolio of primarily short duration, investment grade debt securities. Investments may be across multiple sectors including certificates of deposit, treasury bills, government and government-related bonds, commercial paper, corporate bonds and ABS/MBS, with a focus on developed markets.

JHES is managed by established investors Daniel Siluk, Head of Global Short Duration & Liquidity, Addison Maier, Portfolio Manager on the Global Short Duration & Liquidity team, and Tim Winstone, Head of Investment Grade Credit. Together they manage $7.1^[1] billion in global short duration strategies.

Ignacio De La Maza, Head of EMEA & LatAm Client Group at Janus Henderson, said:

“Short duration fixed income is an attractive proposition for investors as it offers higher income potential and the ability to lock-in higher yields if cash rates fall, the opportunity for capital appreciation through moderate use of duration, and exhibits lower volatility and lower interest rate sensitivity than traditional fixed income.

By managing volatility effectively, employing a dynamic investment strategy, and a global approach to security selection, the team will aim to build an optimally liquid portfolio that generates income throughout all market cycles.

Daniel Siluk, Head of Global Short Duration & Liquidity at Janus Henderson, said:

“Capital preservation and income generation serve as the driving force behind everything we do. We believe diversifying through short-duration bonds as well as having a global opportunity set results in better client outcomes. Our adaptive view to duration, our ability to find the best opportunities globally, and our robust framework for portfolio construction are designed to deliver consistent performance and effective yield for our clients”.

This is the latest addition to Janus Henderson’s active ETF proposition and the firm’s fourth active fixed income ETF for non-US investors following the launch of the EUR AAA CLO ETF in January, the USD AAA CLO ETF in March and the Mortgage-Backed Securities ETF in May.

The fund will initially list on Xetra with ticker JHES and will be available in all major European markets.

^{1 As of 31 March 2025}