Janus Henderson’s entry into European ETFs is an exciting development for fund selectors seeking further product development in active fixed income, an area of the market ripe for disruption.
Last week, Janus Henderson announced plans to acquire Tabula Investment Management, a fixed income specialist that launched its first UCITS ETFs in 2018.
The acquisition, which is expected to be completed at the end of Q2, will see the US giant launch a suite of active ETFs while retaining Tabula’s existing 11-strong range of ETFs which totals $883m assets under management (AUM).
Janus Henderson already has an existing range of 11 US-listed ETFs with $16.7bn AUM which primarily focus on actively managed fixed income. For example, the largest, the Janus Henderson AAA CLO ETF (JAAA), houses $9bn AUM, as at 7 May.
“Janus Henderson is already one of the biggest fixed income ETF issuers in the US…