Janus Henderson Group’s merger completed
Janus Capital and Henderson Group have completed the all-stock merger of equals to form Janus Henderson Group.
Following this, Janus Henderson listed its shares on the New York Stock Exchange (NYSE) under the ticker symbol “JHG” and would also begin trading on the Australian Securities Exchange (ASX) under the ticker symbol “JHG” on June, 13.
The company managed of approximately US$331 billion, as at March, 31, in assets under management (AUM), with a market capitalisation of around US$6 billion.
The Janus Henderson Group Board of Directors would comprise of the following 12 directors:
- Richard Gillingwater – Chairman
- Glenn Schafer – Deputy Chairman
- Andrew Formica – Co-Chief Executive Officer
- Richard Weil – Co-Chief Executive Officer
- Sarah Arkle – Non-Executive Director
- Kalpana Desai – Non-Executive Director
- Jeffrey Diermeier – Non-Executive Director
- Kevin Dolan – Non-Executive Director
- Eugene Flood Jr. – Non-Executive Director
- Lawrence Kochard – Non-Executive Director
- Angela Seymour-Jackson – Non-Executive Director
- Tatsusaburo Yamamoto – Non-Executive Director
Janus Henderson’s co-Chief executive officer, Dick Weil, said: “The combined firm, Janus Henderson, creates a truly global active asset manager that is well positioned to succeed in the investment marketplace, with expanded product suites, greater financial strength and better talent, benefiting our clients, shareholders and employees.”
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.