The Janus Henderson Radio Podcast is designed to help financial professionals with a wide range of topics to deepen their expertise, build their practice and strengthen client relationships.
Research in Action: EVs Drive into a New Lane for Investors15/06/2022 Duración: 35min
With demand for electric vehicles (EVs) rising exponentially, the next big hurdle for the nascent industry is supply. Research Analyst Chris Benway says investors should stay focused on finding companies that can rise to the challenge.
Global Perspectives: Opportunities from ESG headwinds26/05/2022 Duración: 14min
Head of Global Sustainable Equities Hamish Chamberlayne and Portfolio Manager Aaron Scully join Adam Hetts, Global Head of Portfolio Construction and Strategy. In this podcast they discuss key ESG factors influencing sustainable investing, including Russia, energy price inflation and the rotation away from growth equities, alongside the longer-term structural opportunities generated during current market volatility.
Research in Action: The Commodities Comeback19/05/2022 Duración: 25min
On this episode of Research in Action, Director of Research Matt Peron is joined by Research Analyst Chris O’Malley to discuss rising commodity prices. The Russia/Ukraine crisis has been a major driver of price spikes in recent months, but for some commodities, such as copper, structural dynamics could keep prices elevated for longer and drive revenue growth. Investors who are underweight the sector should take note.
Global Perspectives: The high is back in high yield03/05/2022 Duración: 32min
Portfolio managers Seth Meyer and Tom Ross join Adam Hetts, Global Head of Portfolio Construction and Strategy to discuss the prospects for the global economy and why relatively robust fundamentals among high yield borrowers offers grounds for optimism given that markets have already priced in a lot of the inflation concerns.
Research in Action: Tech’s Mega Themes Show No Signs of Slowing12/04/2022 Duración: 39min
In this episode of Research in Action, Portfolio Manager Denny Fish makes the case for why investors shouldn’t let tech’s recent pullback overshadow the long-term growth potential of powerful mega themes, including the cloud, Internet of Things, artificial intelligence (AI) and edge computing.
Global Perspectives: How much is stagflation a concern for REITs?08/04/2022 Duración: 27min
Portfolio managers Guy Barnard and Greg Kuhl discuss REITs performance to-date and the impact of stagflation concerns, rising rates, and higher energy and other input costs on the sector.
Research in Action: Can the Energy Recovery Continue?08/03/2022 Duración: 42min
In this episode of Research in Action, Research Analyst Noah Barrett explains what’s behind the recent rally in energy stocks and why he thinks supply/demand dynamics for crude in the post-pandemic economy will likely be supportive of the sector.
Global Perspectives: A Closer Look at CLOs01/03/2022 Duración: 19min
Portfolio Managers Nick Childs and Jessica Shill discuss why collateralized loan obligations (CLOs) deserve a closer look in today’s environment given their low interest rate sensitivity, attractive yields and diversification benefits. Key Takeaways: The current mix of low yields, high inflation and rising interest rates should prompt investors to be more thoughtful about how – not if – they should take bond exposure. Floating-rate securities such as CLOs can help diversify a portfolio of government and corporate bonds while offering competitive yields and lower sensitivity to rising rates. Although the CLO market has become accessible to a wider range of investors in recent years, we believe a rigorous due diligence process remains a critical component of investing in the asset class.
Global Perspectives: An Extreme Hatred of Bonds... Just or Unfair?16/02/2022 Duración: 25min
Jenna Barnard and John Pattullo, Co-Heads of Strategic Fixed Income, join Adam Hetts, Global Head of Portfolio Construction and Strategy, in the latest episode of Global Perspectives, discussing all matters bond yields, central bank policies and the economy.
Research in Action: FinTech’s Extraordinary Evolution07/02/2022 Duración: 43min
FinTech is undergoing rapid change and as it does, the intensity of disruption is growing. In this episode of Research in Action, Ian McDonald, a research analyst who covers the industry, joins Director of Research Matt Peron in a discussion about FinTech’s evolution and what it could mean for the future of financial services. Key Takeaways: FinTech as an industry is evolving quickly, with dramatic consequences for the distribution of financial services. Initially, this change was marked by the shift from analog to digital (e.g., the bank branch becomes an app). But now, disruption has become more systemic, with new non-bank players threatening to displace incumbents. In this dynamic environment, investors should consider a new framework for valuing financial services companies – one in which payments and software merge – and be prepared for even more disruption and potential growth opportunities in the coming years.
Global Perspectives: A Contrarian Approach through the COVID Recovery07/01/2022 Duración: 28min
Adam Hetts, Global Head of Portfolio Construction and Strategy, speaks with Portfolio Manager Nick Schommer about how an independent mindset has shaped his investment approach through a volatile ‒ and unique ‒ COVID environment. Key Takeaways: Each economic crisis presents different challenges, and the COVID investment environment ‒ marked by aggressive stimulus and consumer strength ‒ has certainly been unique. A favorable monetary and fiscal backdrop, along with ongoing bouts of volatility, have created value in some unexpected areas of the market thus far. As we enter the next phase of recovery, we believe opportunity may be found in identifying companies with pricing power that can grow earnings and cash flow in an environment where we are likely to see structurally higher inflation.
Research in Action: Can Equity Gains Continue in 2022?17/12/2021 Duración: 32min
Inflation, rising interest rates and coronavirus variants could create volatility in financial markets heading into 2022. But in this episode of Research in Action, Director of Research Matt Peron explains why economic growth could still continue in the new year and what that means for equity investors. Key Takeaways As the global economy continues its post-pandemic recovery, above-average inflation, changes to monetary policy and a number of other variables could combine to create volatility for equity markets in the first half of 2022. But we think this volatility will reflect a transition to the mid-part of the economic cycle rather than the end, with more sectors potentially participating in market gains. In addition, the shift from growth-at-any-price to growth-at-a-reasonable-price could finally gain traction in markets, benefiting a broader set of stocks.
Global Perspectives: Technology is Enabling Sustainability02/12/2021 Duración: 34min
Technology plays a pivotal role in the transition towards a more sustainable world and is a deflationary force. This episode explores these themes and the investment opportunities. Key takeaways: Technology is providing solutions to major environmental and social challenges, and as a consequence, providing attractive long-term growth opportunities. Tech innovation is inherently a deflationary force, alleviating labour, natural resources and other supply shortages by improving efficiency and productivity. Permeating every aspect of our lives, technology is a truly broad sector, offering an opportunity set going beyond the standard classifications of a tech company.
Research in Action: Investing in the Renewable Revolution02/11/2021 Duración: 22min
In a new series from Janus Henderson, Research in Action, Director of Research Matt Peron explains the magnitude of the energy transition now taking place in the economy and what investors should consider as the switch to renewables unfolds. Key Takeaways: In the U.S., the shift to renewable energy could require as much as $1 trillion in spending per year, with implications for almost every area of the economy. While that level of spending may not be feasible, significant investment is occurring in select technologies that will be key to moving the transition forward, such as battery technology. Diversification can help manage downside risk as technologies emerge. A pragmatic approach to investment timelines is also important. Real-world constraints, for example, could create near-term volatility for long-term investment opportunities. Important Information: The views presented are as of the date published. They are for information purposes only and should not be used or construed as investment, legal or tax
Global Perspectives: ESG Is More Than a Score21/10/2021 Duración: 26min
In the latest episode of Global Perspectives, Head of Global Sustainable Equities Hamish Chamberlayne and Portfolio Manager Aaron Scully join Adam Hetts, Global Head of Portfolio Construction and Strategy. The trio dig deeper into sustainable investing, discussing how ESG analysis is more than just a "score" and how sustainable investing truly impacts the risk and return of all investors’ portfolios. Key Takeaways: ESG analysis should consider the physical and transition risks associated with climate change. Transition risk is the risk that a company’s business model will not adapt to the move toward a green and clean economy. Meanwhile, the physical risks of climate change go beyond hurricanes and floods and should consider where a company’s assets are located and what this means for its business. There are many examples of technology driving productivity and being deflationary. In many cases, renewable energy is cheaper than traditional thermal generation for electricity. We expect the price of renewable en