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

Due to complete Q2 2017

Laura Dew
clock • 3 min read

Henderson Global Investors saw its share price soar over 14% to 265p in early morning trading after it announced plans to merge with Janus Capital to create a combined asset manager with AUM of $320bn.

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

MKC Wealth acquires four IFA firms

MKC Wealth acquires four IFA firms

Retiring advisers hand over their businesses

Isabel Baxter
clock 15 October 2025 • 2 min read
Fairstone revenue rises 21% as firm targets £40bn in assets by 2030

Fairstone revenue rises 21% as firm targets £40bn in assets by 2030

Group reaches 100th DBO deal and expands digital advice service Mineral

Sahar Nazir
clock 14 October 2025 • 1 min read
Tatton records 5% uptick in IFA numbers reaching 1,170

Tatton records 5% uptick in IFA numbers reaching 1,170

Perspective contract ends January 2026 but asset manager confident in AUM target

Isabel Baxter
clock 14 October 2025 • 1 min read