JANA’s purpose is to deliver sustained investment outperformance for our clients and their beneficiaries. We recognise the growing challenges that you face as asset owners and fiduciaries including a lower return outlook and increasing regulatory complexities. I’d like to take this opportunity to update you with some of the changes that we have made and what we hope they will mean to you as our clients.

There is a compelling case for some degree of ARFI type products in investors’ fixed income / defensive alternative portfolios. Investors though need to weigh up a variety of factors when considering which particular product may be the most suitable for their portfolio.