The merger of Henderson Group and Janus Capital Group has taken place seven months after it was first announced.
The combined entity, called Janus Henderson, has delisted from the London Stock Exchange and will continue to trade on the New York and Australian markets.
As announced on 20 March, when the line-up of the board was finalised, Janus chief executive Dick Weil and Henderson boss Andrew Formica became co-CEOs for the company, which has a combined market capitalisation of $6 billion.
Formica said: "Our work together since announcement has reinforced our shared culture and aligned business goals. The breadth and depth of investment professionals and the broad array of talented colleagues gives us an enviable position to meet our clients' needs."
Weil added: "The combined firm, Janus Henderson, creates a truly global active asset manager that is well positioned to succeed in the investment marketplace. With expanded product suites, greater financial strength and better talent benefiting our clients, shareholders and employees".
At present all holdings in Henderson remain unchanged. We will keep you up-to-date with any important changes happening to their funds in this section of our website.
- uploaded - 5 june 2017