Janus Henderson has debuted its first active ETF in Europe since its takeover of Tabula Investment Management earlier this year.
The Janus Henderson Tabula Japan High Conviction Equity UCITS ETF (JCPN) will be listed on Deutsche Borse, followed by subsequent listings on the London Stock Exchange and Borsa Italiana, with a total expense ratio of (TER) 0.49%.
JCPN will be an actively managed, high-conviction strategy investing in a concentrated all-cap portfolio of 20 to 30 companies set to benefit from structural themes and trends in the region.
Janus Henderson currently has two Japan-focused mutual funds in Europe, its Luxembourg domiciled $5.7bn Horizon Japan Opportunities Fund and its smaller counterpart, a UK-domiciled $100m Japan Opportunities Fund.
Ignacio De La Maza (pictured), head of EMEA & LatAm Client Group at Janus Henderson, said: “At Janus Henderson, clients come first always and the launch of JCPN is another example of how we are listening and responding to client demand.”
“This launch marks the beginning of our journey; we are poised to introduce a series of active ETFs over the next twelve months, each of which will cater to a different customer need”.
Lucas Klein, head of EMEA and Asia Pacific Equities, added: “This new offering brings high conviction active management to ETF Investors in Europe, and other important markets globally, while also providing existing clients with another way to access our world class investment teams.”
Janus Henderson acquired Tabula Investment Management in May this year, with the US asset manager earmarking the launch of a suite of active ETFs, while retaining Tabula's 11-strong exchange-traded product (ETP) range.
Since acquiring the fixed income specialist, there has been speculation surrounding a UCITS re-run of the Janus Henderson AAA CLO ETF (JAAA).
Janus Henderson currently houses $22bn assets under management (AUM) across 12 US-listed ETFs.
