Andrew Formica, CEO of Henderson Group, speaks on Bloomberg TV about the merger between Henderson Group and Janus Capital Group. The video was recorded on 3 October 2016.
Henderson Global Investors and Janus Capital announce intention to merge
We are delighted to advise you that Henderson has announced its intention to merge with Janus Capital Group. This is an exciting development for both Henderson and Janus and for the future of high-quality, active fund management. Janus Henderson Global Investors will become one of the largest and most diversified active investment managers in the world, with total assets under management of over US$320 billion. We believe that greater scale provides a number of important benefits for our clients.
We believe that this merger will provide you with:
- A wider range of outperforming actively managed funds and strategies across all major asset classes and sectors
- A deeper, more scalable product offering to meet the evolving needs of an increasingly sophisticated client base
- Superior client service built on a broader distribution footprint and enhanced client service infrastructure
The complementary nature of the two firms will facilitate a smooth integration and creates a combined business with an expanded client-facing team, a broader suite of investment strategies and greater financial strength and scale. The result will be a significantly stronger asset management business that is well positioned to better serve you.
The merger is subject to shareholder and regulatory approval and, if approved, we expect it to complete in the second quarter of 2017.
We will provide you with regular updates through to the completion of the merger but should you have any queries please do not hesitate to contact us.