Janus Henderson Stock Price, News & Analysis

Janus Henderson Group plc (NYSE: JHG) has appointed Michelle Dunstan as Chief Responsibility Officer, effective January 9, 2023. Dunstan will oversee the firm’s corporate responsibility and responsible investing initiatives, reporting to CEO Ali Dibadj. With extensive experience in ESG, Dunstan aims to enhance sustainable practices within the company. She joins from AllianceBernstein, where she held various roles, including Chief Responsibility Officer. This appointment follows other key leadership changes at Janus Henderson, indicating a strategic focus on responsibility and ESG.

Janus Henderson reports a record Q3 2022 as US dividends increased by 6.7% to $146.2bn, primarily due to contributions from the financial sector. Globally, dividends surged 7.0% to $415.9bn, with 90% of companies raising or maintaining dividends. Oil companies, especially in emerging markets, played a key role, driving special dividends amid strong profits. An upgraded estimate now projects headline dividends for 2022 to reach $1.56 trillion, a robust 8.3% year-on-year increase.

Janus Henderson Group plc (NYSE: JHG) announced a leadership change, appointing John Cassaday as Chair of the Board, effective December 31, 2022, succeeding Richard Gillingwater who is retiring. Brian Baldwin replaces Nelson Peltz as an Independent Non-Executive Director. Cassaday brings extensive experience to his new role, aiming to guide the company through its next growth phase. Trian Fund Management, Janus Henderson's largest shareholder, continues to support the company's new CEO, Ali Dibadj, and emphasizes the importance of cost-efficiency and strategic initiatives for long-term shareholder value.

Janus Henderson Group reported its third quarter 2022 financial results, revealing a 50%, 64%, 67%, and 75% asset performance over one-, three-, five-, and ten-year benchmarks. However, AUM decreased by 8% to US$274.6 billion, driven by market declines and US$5.8 billion in net outflows. Third quarter diluted EPS was US$0.65, down from US$1.14 year-over-year. The board declared a quarterly dividend of US$0.39 per share. The company is implementing cost efficiencies of US$40-$45 million to support growth.

Janus Henderson Group plc (NYSE:JHG) will release its third quarter 2022 results on October 27, 2022, at 4am EDT. A conference call will occur at 8am EDT to discuss the results. Participants can join by calling the provided numbers, including a toll-free option for the UK (0808 189 6484) and the US (844 200 6205). The live webcast will be accessible via Janus Henderson's investor relations site, with a replay available following the call. As of June 30, 2022, the company managed approximately US$300 billion in assets.

Janus Henderson Group announced upcoming retirements from its Board of Directors, with Chair Richard Gillingwater retiring on 31 December 2022, and directors Lawrence Kochard and Jeffrey Diermeier retiring on 3 November 2022. The company appointed Alison Quirk, Anne Sheehan, and John Cassaday as independent non-executive directors effective the same day. These changes maintain the total number of directors at 11, with a diverse representation of 10 independent non-executive directors, including five women. The company will announce Gillingwater's successor in due course.

Janus Henderson announced key promotions within its Fixed Income platform, effective October 1, 2022. Seth Meyer ascends to Head of Fixed Income Strategy, while Tom Ross and John Lloyd lead the High Yield and Multi-Sector Credit franchises, respectively. These promotions aim to enhance client-centric strategies and align offerings more cohesively. The company also recently expanded its Fixed Income franchise by hiring a four-person Emerging Market Debt team to address client needs in standalone emerging market debt strategies. As of June 30, 2022, Janus Henderson managed approximately $300 billion in assets.

Janus Henderson reports a remarkable growth in US dividends, rising by 8.3% to $144.4bn in Q2, a record high. The financial sector, especially contributions from Morgan Stanley and Wells Fargo, significantly drove this increase. Globally, dividends surged 19.1% to $544.8bn. With a modest forecast upgrade, Janus Henderson now expects total dividends to reach $1.56 trillion for 2022, marking a 5.8% year-over-year growth. This growth reflects strong cash flows and resilience in dividend payments amidst economic uncertainties.

Janus Henderson Group plc (NYSE: JHG) has launched the Janus Henderson Sustainable Multi-Asset Fund (JSMFX), now available for Direct Channel investors in the U.S. This active portfolio aims for long-term capital appreciation by investing in sustainable ETFs and mutual funds, integrating ESG factors into its strategies. Managed by Nicholas Harper and Oliver Blackbourn, the fund reflects client demand for ESG and asset allocation products. Janus Henderson continues its commitment to sustainable investing following the launch of five sustainable ETFs last year.