Janus-Henderson Sees U.S. Fund Growth Outstrip Other Markets
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Henderson Group Plc and Janus Capital Group Inc. expect the largest growth in their combined funds management business will come from the U.S. after the two firms join together to create an asset manager overseeing more than $300 billion.
While the merged group will give customers access to a wider range of products in more countries, the bulk of the money manager’s growth will be in America, Henderson’s Chief Executive Officer Andrew Formica said at a briefing in Sydney on Thursday. The company will focus on providing more products in alternative asset classes that have less correlation to stock markets, according to Dick Weil, chief executive officer of Janus.