Henderson shares jump 14% on 'merger of equals' with Janus Capital

In an annoucement this morning, the firms said they had agreed a "merger of equals" to create a global active asset manager combining Janus' US specialisation with Henderson's strength in the UK and Europe. The move will create a global active asset manager with AUM of more than $320bn and a combined market capitalisation of approximately $6bn. The combined firm - Janus Henderson Global Investors - will be co-run by the firms' respective chief executives Dick Weil and Andrew Formica (pictured).   Merger  The merger is expected to be completed in the second quarter of 2017, sub...