Janus eyes mid-sized investors with triple-A CLO ETF

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By Paola Aurisicchio
05 Aug 2020

Asset manager Janus Henderson is planning to bring CLOs to mid-size institutional investors with an exchange-traded fund (ETF) focused on triple-A CLOs, it emerged this week. The ETF could broaden the CLO investor base beyond large banks and insurance companies.

The ETF, which was disclosed in a filing with the Securities and Exchange Commission, will be the first of its kind. It is expected to appeal to investors that are attracted to senior notes but lack the expertise or capacity to become buyers of triple-A CLOs.

In the $700bn CLO ...

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