Fund Firms Janus Capital, Henderson Agree on Merger10.03.2016
(this article first appeared on Reuters)
Fund management firms Janus Capital and Henderson Global Investors have agreed an all-share merger to form a company managing more than $320 billion in assets, the firms said on Monday.
Janus’ largest shareholder, Dai-ichi Life, supports the merger, the firms said.
The combined group will apply for a primary listing in New York, keeping Henderson’s Australian listing.
Henderson is currently also listed in London.
Buy-side veteran has been instrumental in building out a best-in-class trading analytics framework.
AllianceBernstein plans to expand its ETF suite, particularly in equity and multi-asset.
UK-focused funds had second-worst outflows on record.
CEO says he remains confident in the organic growth potential of the firm.
The asset manager aims to grow its Xtrackers and passive business globally.