Andrew Formica issues call to demonstrate active management benefits

Janus Henderson's co-CEO

Laura Dew
clock • 2 min read

Janus Henderson co-CEO Andrew Formica has called out the industry for not doing "a good enough job" at educating investors on the benefits of active management.

Formica became co-chief executive with Richard Weil in May following the merger of Henderson Global Investors with Janus Capital last year. He said: "The industry is not making a clear argument for active management. It has not done a good enough job in quantifying the benefits of active management to investors. We have to do better." Formica said a big issue hindering active management was the ongoing preoccupation of clients and the media on the cost of investment. "There is too much focus on the costs of investment management and not on value. If you only focus on costs then pas...

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 Investment

Chris Justham: Why the industry must 'entertain and engage' investors

Chris Justham: Why the industry must 'entertain and engage' investors

‘We can’t just offer them a dry cracker and ask them to chew it down’

Chris Justham
clock 07 October 2026 • 3 min read
Jupiter Merlin makes 'keystone' changes and cuts charges on Select range to attract advisers

Jupiter Merlin makes 'keystone' changes and cuts charges on Select range to attract advisers

Two new funds launched

Michael Nelson
clock 06 October 2026 • 6 min read
Darius McDermott: Is it time to take another look at China?

Darius McDermott: Is it time to take another look at China?

'It has been a difficult period for the Chinese stock market'

Darius McDermott
clock 06 October 2026 • 5 min read