Janus Henderson Launches Europe’s First Global Passive CLO ETF

Janus Henderson has launched the Janus Henderson Global AAA Passive Core UCITS ETF (JCLM), Europe’s first ETF combining EUR- and USD-denominated CLOs. Listed on the London Stock Exchange with a 0.29% expense ratio, JCLM tracks a J.P. Morgan index of AAA-rated CLOs and hedges USD exposure. Developed in response to client demand, the fund expands Janus Henderson’s largely active CLO lineup and offers liquid, diversified exposure to senior CLO tranches as European investor interest in the asset class grows.