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

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Experienced non-executive director and former insurance executive Duncan Boyle and long-standing Dai-ichi Life group senior executive Norimitsu Kawahara yesterday formally became TAL Board directors.

Dai-ichi Life senior executive Tatsusaburo Yamamoto has stepped down as a director to take up a new role in Tokyo within the Dai-ichi Life group.

Mr Thomas said: “I welcome both Mr Boyle and Mr Kawahara to the board of Australia’s largest life insurance company, and would like to thank Mr Yamamoto for his valuable service since 2012.

“As TAL has continued to grow its business in Australia, the new appointments help us renew the skillset on the Board as TAL works hard to provide financial protection to even more Australians as the nation’s largest life insurer.”

Mr Boyle served as the CEO of the UK operations of Royal and Sun Alliance Insurance (RSA) from 2002 to 2006 following over 30 years’ experience in the insurance industry in Australia, New Zealand and the UK.

He has been an independent non‑executive director of QBE since 2006 and is a director of Clayton Utz lawyers and Stockland Trust Group.

Mr Kawahara has worked for over 28 years in the Dai-ichi Life group, one of the world’s largest life insurance and wealth management businesses with operations and interests on all continents.

He is currently responsible for Dai-ichi Life’s business in the Asia Pacific region as the Managing Director of Dai-ichi Life International (Asia Pacific), and has been Deputy CEO and CFO of the Star Union Dai-ichi Life Insurance Company in India before.

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