Management turnover at Janus Henderson Balanced reduces conviction in the execution of its process, warranting a downgrade of its Morningstar Analyst Rating to Neutral from Bronze across all share classes.
Will JABAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JABAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JABAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of JABAX’s parent organization’s priorities and whether they’re in line with investors’ interests.