99: Global Equities with Janus Henderson

An episode of the Conversations with Institutional Investors podcast, hosted by Investment Innovation Institute [i3], titled "99: Global Equities with Janus Henderson" was published on April 30, 2024 and runs 39 minutes.

April 30, 2024 ·39m · Conversations with Institutional Investors

0:00 / 0:00

Episode Description

In episode 99 of the [i3] Podcast, we speak with Julian McManus, who is a Portfolio Manager on the Global Alpha Equity Team at Janus Henderson Investors. We spoke about global equities, the role of the Magnificent 7, Japanese equities and hybrid cars. Enjoy the show!

Overview of Podcast with Julian McManus, Janus Henderson Investors

02:00 Getting into Japanese equities fresh out of law school

04:00 We still invest in Japan

07:00 Abe's reforms and book value quant trades

08:00 The Japanese government has woken up to the urgence to create national champions in strategically important industries

09:50 Japan is going to be one of the most important semiconductor manufacturing hubs globally outside of Taiwan

11:00 Toyota and the demand for hybrids

14:00 There is still a notion among some investors that you invest in US stocks and international is where you go on vacation

15:30 Tech companies outside of Magnificent 7, why haven't they increased alongside?

16:30 Many investors have trouble paying more than 25 times, one year forward earnings for any European stock

19:00 Yes, there is geopolitical risk in TSMC, but TSMC is not living in a vacuum

20:00 We are of the position that China will never be able to invade Taiwan

22:00 Because we have a large position in (defence company) BAE Systems, that allows us to have a large position in TSMC as well.

23:00 We own three of the Magnificent 7

25:00 We believed for a very long time that Apple and Tesla were overvalued and avoided those

28:30 The uncomfortable question about AI is: Are you going to reinvest the productivity gains or let them flow down to the bottom line?

30:00 On the dangers of overdiversification

36:00 Rates are typically something we don't want to take a bet on

37:00 Defence spending will need to catch up in Europe

Follow the Investment Innovation Institute [i3] on Linkedin
Subscribe to our Newsletter
Explore our library of insights from leading institutional investors at [i3] Insights

Share this episode

Similar Episodes

Demond Martin, CEO and Co-Founder, WellWithAll – Inclusive Capitalism: Building a business that empowers communities (Re-broadcast)

Apr 8, 2026 ·26m

George Tomeski, CEO, Helfie.ai – Paging Dr. iPhone: Using AI to help you take control of your health (Re-broadcast)

Apr 1, 2026 ·28m

Joe Musselman, Founder & Managing Partner, BVVC — Building Deterrence: Bolstering national security by investing in defense tech

Mar 25, 2026 ·32m

Taylor Lauber, CEO, Shift4 — Removing Pain Points: Providing payment solutions for merchants, from stadiums to mom-and-pop shops

Mar 18, 2026 ·30m

Marco Santori, CEO, Solmate — Crypto Simplified: Giving retail investors easy access to SOL while growing the Solana network

Mar 11, 2026 ·27m

Ken Seipel, Chairman and CEO, Citi Trends — Community Retail: Turning around a national business by refocusing on core consumers

Mar 4, 2026 ·26m

Similar Podcasts

Welcome to the Arena from ICR – Conversations with Today's Innovators & Business Leaders In the increasingly crowded and competitive corporate and financial ecosystem, it’s harder than ever for companies to break through the clutter and be heard. The media, investors, agenda-driven influencers, even customers and competitors, are defining your business story on their terms. Therefore, it is imperative that companies take control and proactively drive the conversation with stakeholders in an effort to build & maintain equity value.In Welcome to the Arena from ICR, Co-Founder & Executive Chairman of ICR, Tom Ryan, interviews key business and financial players who influence the fate of public or aspiring public companies in the capital markets. As a former Wall Street Journal ranked sell-side equity analyst and the founder of one of the largest strategic communications firms in the world, Tom understands what it takes to navigate this complex environment.This is a forum for CEOs, CFOs, institutional investors, sell-side analysts, financial journalists, private equity pro Blockchain Germany – Web3 Startups, Crypto Innovation & Venture Capital by Startuprad.io™ Startuprad.io™ – Europe’s Startup & VC Podcast Network Blockchain Germany™, powered by Startuprad.io, is your front-row seat to the European blockchain revolution. From Berlin to Zug, Frankfurt to Vienna, host Joe Menninger dives deep into how Web3, crypto startups, and venture capital are transforming the continent’s innovation landscape. Every episode delivers founder stories, investor strategies, and insider intelligence from the beating heart of Europe’s decentralized economy.Whether you’re a founder building in blockchain, a VC exploring tokenized assets, or a tech executive decoding regulation, this podcast unpacks the trends shaping the next wave of digital infrastructure. We go beyond buzzwords to analyze how distributed-ledger technology, smart-contract platforms, and digital currencies drive tangible business value. Expect candid conversations with thought leaders who bridge finance, compliance, and deep technology—from early-stage disruptors to institutional investors.Our guests include entrepreneurs pioneering DeFi protocols, Leaders in Investment - IPE Leaders in Investment An IPE and IPE Real Assets podcast In this new podcast series from IPE and IPE Real Assets, members of our editorial team speak to leading figures in the institutional investor community to curate a library of in-depth, focused content.Conversations with chief investment officers and other asset-owner leaders will range across beliefs, objectives, investment philosophy, strategy and outlook. Capturing diversity of thinking towards mainstream and alternative investments, both liquid and illiquid, conversations will dive into investment governance, strategic and tactical asset allocation, implementation, in-house teams, manager hiring and firing, sustainability and how to deal with partners and stakeholders. Engaging with asset owners both in Europe and beyond, this series will provide unique access to the thinking that guides their decisions.The result will be a valuable library of downloadable insights into what motivates both individuals, teams, boards and tr The Chicagoland Guide Aaron Masliansky The Chicagoland Guide explores how the Chicagoland area actually works, through conversations about housing, infrastructure, development, and the civic decisions shaping the region’s future.Hosted by Aaron Masliansky, a Chicago-area real estate advisor and urban planning graduate, the show features in-depth discussions with mayors, developers, policy leaders, business owners, and cultural institutions. Rather than surface-level neighborhood highlights, each episode examines the forces influencing growth, investment, and community life across Chicagoland.For residents, investors, and civic leaders who care about long-term thinking and how place shapes opportunity, The Chicagoland Guide offers thoughtful, grounded conversations about the region’s trajectory.

URL copied to clipboard!