Janus Capital Group Inc. and Henderson Group plc yesterday announced the completion of an all-stock merger of equals to form Janus Henderson Group plc (Janus Henderson).
Concurrent with Henderson Group plc’s delisting from the London Stock Exchange, yesterday Janus Henderson lists its shares on the New York Stock Exchange (NYSE) under the ticker symbol “JHG” (NYSE: JHG).
Janus Henderson securities will trade on the Australian Securities Exchange (ASX) under the ticker symbol “JHG” (ASX: JHG) from 13 June 2017. The group will market its products and services as Janus Henderson Investors with immediate effect.
Janus Henderson is a leading global active asset manager that:
- Manages assets under management (AUM) of approximately US$331 billion (as at 31 March 2017)[1] with a market capitalisation of approximately US$6 billion
- Features significant scale, diverse products and investment strategies, and depth and breadth in global distributionLeverages Janus’s strength in the US markets and
- Henderson’s strength in the UK and European markets, creating a truly global active asset manager with a diverse geographic footprint
- Expected attractive growth potential and annual run rate pre-tax net cost synergies of at least US$110 million, should deliver compelling value for shareholders
Andrew Formica, Janus Henderson’s Co-Chief Executive Officer, said: “At our core, Janus Henderson is focused on delivering for our clients. Our work together since announcement has reinforced our shared culture and aligned business goals. The breadth and depth of investment professionals and the broad array of talented colleagues gives us an enviable position to meet our clients’ needs.”
Dick Weil, Janus Henderson’s Co-Chief Executive Officer, 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.”
Board Changes
The Janus Henderson Group Board of Directors is comprised 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