European ETF provider Tabular IM hires Jupiter's Rhys Petheram as CIO

Tabula Investment Management (Tabula), a European ETF provider and wholly owned subsidiary of Janus Henderson Investors, has appointed Rhys Petheram as its new chief investment officer.

Petheram (pictured) succeeds Jason Smith, who played a key role in expanding Tabula’s ETF product offering over the past five years and helped facilitate its acquisition by Janus Henderson.

Additionally, Adam Glen-Bott has joined Tabula’s investment team, bringing expertise in quantitative portfolio management and ETF indexing, with a focus on equities.

Petheram has over 20 years of experience in fixed income and multi-asset investment. Most recently, he was head of environmental investment solutions at Jupiter Asset Management where he spent 17 years managing a range of multi-asset and fixed income portfolios.

He began his career as a Credit Analyst at Moody’s and Towers Perrin in Australia.

Adam previously served as a quantitative researcher and portfolio manager at UBS, where he developed and managed quantitative solutions for institutional clients, with a focus on equities and synthetic investments.

He began his career at ETF specialist Source ETF, working alongside Tabula CEO and Source founding partner Michael John Lytle.

Earlier this year, Janus Henderson Group, a global active asset manager, acquired Tabula to meet global client demand for its actively managed investment strategies within a UCITS ETF framework. Janus Henderson Group has $361bn in assets under management (as at 30 June 2024) and is the fourth largest global provider of active fixed income ETFs by assets under management.

Established in 2018, Tabula has built an institutional-grade investment management and ETF business with ~$950 million in assets.

Michael John Lytle, chief executive officer of Tabula, said: “The European ETF market has been experiencing robust growth and rapid evolution for years. The role of active management in shaping the industry is a new challenge - how to evolve in a way that simplifies and enhances the investments available to investors. The US has seen an explosion of active ETFs. Europe rarely copies, though often echoes, trends in the US."

“As a firm, we are only relevant to investors when we offer differentiated solutions that improve the performance of their portfolios. Rhys and Adam join us at perfect time, bringing extensive experience in active fund management, ESG investing and quantitative index portfolio management. Their expertise will enable us to fully leverage the significant advantages of being part of the Janus Henderson Group.”

Rhys Petheram, chief investment officer of Tabula said: “I’m thrilled to be joining Tabula at such a pivotal point in its growth. With one of the most experienced ETF teams in Europe and the backing of Janus Henderson, we are well-positioned to capitalise on our strong position and accelerate our growth by continuing to offer market leading passive ETFs, while also expanding into active strategies.”