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Janus Henderson New Outflows Continue for 17th Straight Quarter

Money bag with the word Capital and arrow down. Fall in the level of authorized capital. Drop in return on equity. The export of fund abroad in order to more reliable and profitable investment.

Asset manager Janus Henderson Group Plc. recorded a higher net outflow than expected in the fourth quarter, according to a Bloomberg report.

Net outflows stood at $5.2 billion during the quarter, higher than the $3.56-billion expected by the market. This marks the 17th straight quarter that the company recorded net outflows.

Janus Henderson earlier announced the appointment of Trian Fund Management Co-founders Nelson Peltz and Ed Garden in its board. Trian holds 17% in Janus Henderson and has been in talks to boost performance.

Janus Henderson is looking to sell Intech Investment Management to a group of quantitative equities business’s management and other investors. Its assets under management stood at $39.3 billion as of end-September.

Janus Henderson’s assets under management stand at $432 billion, up from the $330 billion it had during the time of its merger in 2017.

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