Trian reported its investment in Janus Henderson Group plc (“Janus Henderson”) on October 2, 2020.
Janus Henderson is a global asset manager providing active investment products in equities, fixed income, quantitative equities, multi-asset, and alternatives. Janus Henderson has approximately $337bn in assets under management and 2,300 employees worldwide.
Trian has had a conversation with Janus Henderson’s Non-Executive Chairman and intends to engage in discussions with the Board and/or management of Janus Henderson regarding various strategic and operational initiatives that Trian believes can generate value. Trian believes that Janus Henderson is undervalued and that there are numerous opportunities for the company to meaningfully improve its operations, capital allocation, and ESG profile. Trian also believes that Janus Henderson should strongly consider capitalizing on potential . industry consolidation. As such, Trian thinks it is well positioned to be a catalyst for positive changes at Janus Henderson.