• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video

Janus Capital, Henderson agree merger

Janus Capital, Henderson agree merger
  • Alicia Villegas
  • 03 October 2016
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

Fund management firms Janus Capital and Henderson Global Investors have agreed an all-share merger to form a company managing more than $320bn in assets and a combined market capitalisation of $6bn.

The merger will involve a share exchange in which each Janus share will be exchanged for 4.719 newly issued shares in Henderson, the firms said in a statement.

Related articles

  • Henderson, Janus Capital agree merger
  • Janus Henderson appoints Dick Weil sole CEO
  • Janus Henderson Investors adds to global team as merger completes
  • Former Janus Henderson CEO Formica joins Artorius' board

Henderson and Janus shareholders are expected to own approximately 57% and 43% respectively. The enlarged company will apply to list on the New York Stock Exchange as its primary listing and retain Henderson’s Australian listing, while giving up its London slot, where Henderson is a FTSE 250-listed company.

The combined company, which will be called Janus Henderson Global Investors, will be managed by a newly appointed executive committee, whose members will report jointly to co-CEOs Dick Weil, from Janus Capital, and Andrew Formica, from Henderson.

The merger is expected to  increase the companies’ distribution strength and coverage in markets such as the US, Europe, Australia, Japan and the UK, as well as a growing presence in Asia-Pacific, the Middle East and Latin America.

The companies are targeting annual run-rate net cost savings of at least $110 million weighted to the first 12 months following completion and expected to be fully realized three years post completion.

Cost synergies are expected to arise from the consolidation of overlapping functions and from non-compensation expenses, such as rent, IT, legal and professional costs.

The merger is currently expected to close in the second quarter of 2017, subject to shareholder and regulatory approvals.

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • North America
  • Janus Henderson Investors
  • Mergers and acquisitions (M&A)
Back to Top

Most read

SharingAlpha's 2020 top rated funds by category revealed
SharingAlpha's 2020 top rated funds by category revealed
Duff & Phelps opens Gibraltar office
Duff & Phelps opens Gibraltar office
Brexit deals hefty blow to City but industry is ready to fight back
Brexit deals hefty blow to City but industry is ready to fight back
Comment: Are cryptocurrencies the new gold?
Comment: Are cryptocurrencies the new gold?
Tabula launches world's first Paris-aligned fixed-income ETF
Tabula launches world's first Paris-aligned fixed-income ETF
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading