Major US insurer appoints Janus Henderson to manage $45 billion investment grade credit portfolio

Jesmond Mizzi Financial Advisors highlights major global appointment for asset manager it represents in Malta

Jesmond Mizzi Financial Advisors is pleased to share that Janus Henderson Investors – the global asset manager it represents in Malta – has been appointed by one of the largest life insurers in the United States to manage a $45 billion investment grade public fixed income portfolio.

The appointment follows a landmark strategic partnership between The Guardian Life Insurance Company of America® and Janus Henderson. Under the agreement, Janus Henderson will manage Guardian’s investment grade corporate and securitised credit portfolio within its general account.

The partnership also sees Guardian commit up to $400 million in seed capital to support the development of new fixed income products managed by Janus Henderson, particularly in securitised credit and active fixed income ETFs. With this mandate, Janus Henderson will now manage over $147 billion in fixed income globally, including more than $109 billion on behalf of insurance clients.

The collaboration extends to the co-development of proprietary multi-asset solution model portfolios for Guardian’s broker-dealer and investment advisory network, Park Avenue Securities, which oversees nearly $59 billion in assets.

“This appointment cements Janus Henderson’s position as a leading global manager in investment grade credit and insurance mandates, and we are proud to represent them in Malta,” said Jesmond Mizzi, Managing Director of Jesmond Mizzi Financial Advisors.

The transaction is expected to close by the end of Q2 2025.

For more information about Janus Henderson’s capabilities in Malta, visit www.jesmondmizzi.com.