Tim Stevenson, director of pan-European equities at Janus Henderson Investors, will retire in the first quarter of 2019.
James Ross, co-manager of pan-European equities, will become the sole head, a spokeswoman said. Mr. Stevenson will remain with the team during the transition through the first quarter.
"(Mr. Stevenson) has built an impressive track record over the last 32 years. It has been a delight and pleasure to work with him all of this time. We wish him well with his retirement," Alex Crooke, co-head of equities, said in a news release.
The Janus Henderson Horizon Pan European Equities Fund had €1.27 billion ($1.47 billion) in assets under management as of Sept. 30. Janus Henderson has £274.1 billion ($357 billion) in total AUM.