Fixed Income Leaders USA 2025

June 09 - 11, 2025

Omni Shoreham Hotel in Washington DC

Neal Rayner

Head of US Fixed Income Trading Janus Henderson

Neal Rayner is Head of U.S. Fixed Income Trading at Janus Henderson Investors, a position he has held since 2017 when he joined Janus. Mr. Rayner joined Janus from Aberdeen Asset Management where he was Head of Fixed Income Trading – U.S. since 2009 and also served concurrently as a high yield investment manager and trader from 2005. Prior to Aberdeen, Neal was an investment grade trader and portfolio manager at Deutsche Asset Management from 2000 to 2005 and a portfolio analyst from 1998 to 2000

Main Day 1 | June 10th

4:05 PM Fireside Chat: Loan Market: Lifting the curtain: Accelerating the leveraged loan market & beyond

In this discussion, panelists will dive deep into the electronification of the Leveraged Loan market – one that has been notoriously manual and long-overdue for the infusion of technology. With new technology providers entering the mix, there is appetite for tools that increase workflow efficiency and market transparency. The conversation will focus on the myriad of challenges and opportunities that come with integrating cutting-edge technology into Leveraged Loan trading workflows and bring different perspectives from the buyside.


  • What makes Loans unique and why has the market been so slow to electronify?
  • What are the major roadblocks & opportunities when it comes to electronifying the market and increasing adoption of technology?
  • How can teams prepare for new technologies? What new skillsets are required?
  • What does the future look like for Leveraged Loans? Will electronification in Loans have a knock on to other opaque markets?


Speakers:

  • Moderator: Howard Cohen, VP & Head of Sales, Octaura
  • T.Rowe Price
  • Janus Henderson

Main Day 2 | June 11th

11:50 AM FILS 10th Anniversary Panel: The evolution of the fixed income market- a look through time and future predictions

FILS has been bringing the fixed income community together for 10 years, providing a platform to discuss significant changes driven by regulatory shifts, technological advancements, and macroeconomic conditions. In this panel we will bring together market experts who have been involved in FILS since its inception to share their views on how the fixed income market has developed over the years, and expectations for the next decade.

Check out the incredible speaker line-up to see who will be joining Neal.

Download The Latest Agenda