Columbia Threadneedle Investments’ Jim Cielinski is to join Janus Henderson Investors as global head of fixed income. 
Cielinski, who currently holds the position of global head of fixed income at Columbia Threadneedle, will join Janus Henderson Investors on 1 November. There, he will be responsible for overseeing the growth of the recently merged firm’s fixed income team.
He has more than 30 years of investment management experience.
Before joining Columbia Threadneedle in 2010, Cielinski spent 12 years at Goldman Sachs Asset Management as managing director and head of credit, where he managed the credit exposures across all investment grade portfolios and across more than $200bn in the firm’s Core, Core Plus and hedge fund assets.
Performance of Cielinski vs peer group composite over 5yrs
Source: FE Analytics
Prior to that, he was head of fixed income for the Utah Retirement Systems, assistant manager of taxable fixed income for Brown Brothers Harriman & Co, and equity portfolio manager for First Security Investment Management.
At Columbia Threadneedle Investments, Cielinski oversaw the group’s global fixed income business, including a team of more than 165 investment professionals and $190bn in fixed income assets under management.
Enrique Chang, global chief investment officer at Janus Henderson, said: “Jim brings a wealth of experience managing fixed income investment teams and I am excited to work alongside such an accomplished investment professional.
“The addition of Jim is a testament to Janus Henderson’s ability to attract a strong team of global investment professionals committed to delivering superior risk-adjusted returns for clients.”
His departure means that Columbia Threadneedle has named Colin Lundgren as its new global head of fixed income.
Lundgren – who is currently the deputy global head of fixed income – has been with the firm for 31 years. He will report to global chief investment officer Colin Moore.
Mark Burgess, deputy global chief investment officer, will continue to provide regional oversight of the London-based fixed income teams.
Moore said: “We expect a very smooth transition given Colin’s deep and long involvement with our fixed income investment teams.”