Janus Henderson has announced a number of changes to its Australian fixed-interest team, which manages more than $13.7 billion, with both Jay Sivapalan and Taf Mugwagwa being promoted to new roles.
Sivapalan has been appointed as the firm’s new co-head of the Australian fixed-interest team and would be responsible for investment strategy and the day-to-day management of the suite of JH Australian fixed-interest funds and mandates, including the Janus Henderson Tactical Income Fund.
At the same time, dealer and fixed-interest analyst Mugwagwa would be stepping into a newly created role as assistant portfolio manager, which means he would co-manage the Janus Henderson Cash Fund with Sivapalan.
Following these changes, Janus Henderson said the recruitment process for a replacement dealer and fixed-interest analyst role was currently under way.
In addition, Shan Kwee would continue to work alongside Noel Murphy in co-managing Janus Henderson’s Australian credit portfolios.
Jim Cielinski, global head of fixed income, said: “These enhancements to our Australian fixed-interest team provide the team increased flexibility and the scope to deepen their skill set. It’s also a true indication of Janus Henderson’s long-term commitment to the Australian market.”