Skip to main content
MENU
Subscribe
  • Sign Up Free
  • LOGIN
  • Subscribe
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Face to Face
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • WPS Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • ESG Sustainability - Gaining Momentum
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2023 Defined Contribution East
    • 2023 ESG Investing
Breadcrumb
  1. Home
  2. MONEY MANAGEMENT
February 06, 2018 12:00 AM

Janus Henderson assets rise 2.9% in quarter despite outflows

Sophie Baker
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    Janus Henderson Group reported $370.8 billion in assets under management as of Dec. 31, up 2.9% from three months earlier and up 16.2% for the year, despite net outflows.

    Janus Group and Henderson Global Investors merged May 31, 2017. The firm's earnings update Tuesday said figures for the calendar years 2016 and 2017 were calculated pro forma as though the merger had occurred at the beginning of the relevant periods.

    Net outflows totaled $2.9 billion for the quarter and $10.2 billion for all of 2017. That compared with net inflows of $700 million for the three months ended Sept. 30, $2.1 billion in net outflows for the three months ended Dec. 31, 2016, and net outflows of $8.4 billion for 2016.

    However, market and foreign-exchange impacts bolstered assets under management by $62.5 billion in 2017. For the three months ended Dec. 31, market and FX effects added $13.2 billion to AUM, compared to $14.9 billion in the three months ended Sept. 30 and a loss of $4.9 billion for the three months ended Dec. 31, 2016.

    Janus Henderson recorded net outflows across almost all strategies in the quarter ended Dec. 31, but market and FX impacts still bolstered assets under management for these individual strategies. Equities net outflows totaled $700 million, with assets under management growing 4.1% in the quarter to $189.7 billion. Fixed-income assets grew 0.9% to $80.1 billion, and net inflows totaled $200 million for the quarter.

    Quantitative equity strategies grew 1.8% to $49.9 billion despite net outflows of $1.6 billion. Multiasset strategies grew 4.6% to $31.6 billion, with net outflows of $200 million; and alternatives strategies recorded net outflows of $600 million and assets under management fell 0.5% to $19.5 billion.

    "Investment performance is strong, which is a testament to the quality of our investment teams and an endorsement of our commitment to active management. Despite outflows in 2017, we continue to see strong levels of engagement and support from our clients globally and remain encouraged by developing relationships," said Richard Weil and Andrew Formica, co-CEOs of the firm, in a joint statement accompanying the update.

    Revenue totaled $592 million for the quarter, compared to $537.4 million in the quarter ended Sept. 30 and $243.4 million in the year-earlier quarter. Net income, meanwhile, was $471.7 million in the quarter ended Dec. 31, up from $99.5 million the previous quarter and $37.8 million in the year-over-year quarter.

    The fourth quarter net income gain was attributed to a one-time benefit of $340.7 million related to U.S. tax reform.


    Compare fund flows and AUM of publicly traded money managers with P&I's Earnings Tracker
    Related Articles
    Janus, Henderson merger will reduce investment lineup
    Janus Henderson recruits global fixed-income head from Columbia Threadneedle
    INTECH hopes new gains mean long-term business
    Janus Henderson AUM rises 4.5% in quarter, records net inflows
    Bill Gross fares worst among go-anywhere bond managers in rout
    Janus Henderson bolsters European equities team
    Janus Henderson hires BlackRock's head of compliance as chief risk officer
    Janus Henderson's AUM flat for quarter; revenue, net income fall
    Market volatility, inflation concerns push down AUM of public managers — report
    Recommended for You
    blackrock_symposium_1550-main_i.jpg
    BlackRock among top funds with exposure to Adani's dollar debt
    CPR Asset Management names head of research and strategy
    Sienna Investment Managers names head of ESG
    The Institutional Investor's Guide to ESG Investing
    Sponsored Content: The Institutional Investor's Guide to ESG Investing

    Reader Poll

    January 25, 2023
    SEE MORE POLLS >
    Sponsored
    White Papers
    Show Me the Income: Discovering plan sponsor and participant preferences for cr…
    The Future of Infrastructure: Building a Better Tomorrow
    Outlook 2023: Opportunity in a volatile world
    Research for Institutional Money Management
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    December 12, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Face to Face
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • ESG Sustainability - Gaining Momentum
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2023 Defined Contribution East
      • 2023 ESG Investing