Janus Henderson Takes CLO-Tracking Fund to Europe After US Win
- Asset manager is dominant player in US market for CLO ETFs
- Launch will give European investors access to booming sector
After cementing its position as the dominant player in the US for a niche but highly lucrative investment vehicle, Janus Henderson is looking to try its luck in Europe.
The asset manager just launched its first ETF tracking European collaterized loan obligations, the second vehicle of its kind to be listed on the continent. The fund’s managers are hoping to replicate the success of the their US-focused ETF, which has amassed $17.2 billion in assets under management in less than five years.