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

Darius McDermott: Asia's broadening investment story

Darius McDermott: Asia's broadening investment story

Fund managers have a dilemma

Darius McDermott
clock 21 October 2026 • 5 min read
China's historic move away from coal shows why investors need to keep digging

China's historic move away from coal shows why investors need to keep digging

'A key challenge for investors is to identify the pockets of genuine innovation'

Xin-Yao Ng
clock 19 October 2026 • 4 min read
Investors yet to stuff ISA allowances as government plays down spectacle despite 'tough' Budget

Investors yet to stuff ISA allowances as government plays down spectacle despite 'tough' Budget

Platform activity stable

Jack Roach
clock 19 October 2026 • 4 min read