Janus Henderson outflows sparks declining profits Asset management firm Janus Henderson saw profits decline as outflows continued in the first quarter of 2018. The figures Net income was $94.1m, down 43 per cent from $165.2m in the first quarter of 2018. Read more: Janus Henderson Group's assets under management fall in volatile market Revenue was $519.m, down from $545.1m at the [...]
Janus Henderson outflows sparks declining profits Asset management firm Janus Henderson saw profits decline as outflows continued in the first quarter of 2018. The figures Net income was $94.1m, down 43 per cent from $165.2m in the first quarter of 2018. Read more: Janus Henderson Group's assets under management fall in volatile market Revenue was $519.m, down from $545.1m at the [...]
Janus Henderson Group’s assets under management fall in volatile market Assets under management (AUM) at Janus Henderson Group plummeted $50bn (£38.43bn) last quarter amid volatile markets. The company, which was formed through the 2017 merger of Henderson Group and Janus Capital Group, saw AUM fall 13 per cent from $378.1bn to $328.5bn in the three months to the end of December. Read more: Blackrock assets [...]
Henderson surprises with £25m buyback plan after riding out rough markets July 31, 2015 Fund manager Henderson yesterday unveiled a £25m share buyback programme after beating expectations with a near 30 per cent rise in underlying profits. However, the firm, led by chief executive Andrew Formica, said the market rout in June had caused assets under management to fall by eight per cent to £82.1bn from £89.4bn compared to [...]
City of London to buy iconic Smithfield building for £34.6m as Museum of London’s new home July 28, 2015 The City of London has agreed to buy back London's historic Smithfield Market for £34.6m, City A.M. understands. The Victorian general market site has lain empty for more than 20 years after several failed attempts to redevelop it. However, it could become the new home for the Museum of London if the sale goes through. [...]
General Election 2015: Labour victory would threaten UK’s credit rating argues Henderson chief exec April 20, 2015 The chief executive of Henderson Global Investors has warned that the UK's AAA credit rating would be under threat in the event of a Labour victory at the General Election. Andrew Formica, head of the FTSE 100-listed investment management group, also warned that a Tory victory and the possibility of a referendum on EU membership [...]
Henderson Group fund managers get bumper bonus March 18, 2015 Staff at investment firm Henderson Group saw their bonus pool increase to £144m after seeing a 22 per cent rise in management fees during 2014. Henderson said the increase in the bonus pool was a reward for strong net flows, investment performance and business performance and marks an 11 per cent rise on last year. [...]