Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Janus Henderson's Avg AUM Ticks Up, But ... Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, November 14, 2019

Janus Henderson's Avg AUM Ticks Up, But ...

Reported by InvestmentWires Staff, 

London-based Janus Henderson's Q3 2019 earnings reports reveal that its average AUM rose slightly last quarter, though its quarter-end AUM slipped.

Richard MacCoy Weil
Janus Henderson Group plc
CEO
The team from Janus Henderson released its 2019 Q3 data, and the firm has a total AUM of $356.1 billion as of September 30, 2019, down 1 percent compared to $359.8 billion at the end of 2019 Q2 and down 4.8 percent compared to $378.1 billion at the end of 2018 Q2. The decrease in total AUM for 2019 Q3 is due to net outflows of $3.5 billion and weaker markets. Yet Janus Henderson's average AUM for Q3 2019 was $358.2 billion, down 4.9 percent from Q3 2018 but up 0.1 percent from Q2 2019.

Dick Weil, CEO of Janus Henderson, highlighted performance and outflows from INTECH, the quantitative investment management arm of Janus Henderson. In an earnings call ( as transcribed by Seeking Alpha, he told analysts that "INTECH had net outflows of $2.4 billion in the quarter, which is an improvement from the prior quarter, however given the weakness in the longer-term investment performance and the low sales pipeline, the business remains a key area of concern."

Weil also highlighted an area of expansion for Janus Henderson. According to Weil, management has "hired what [they] believe will be an exceptional GEM team, filling a key gap."

The firm beat analysts' estimates for Q3 2019 non-GAAP earnings per share by $0.03 at $0.64, up from non-GAAP earnings per share of $0.61 in Q2 2019. However, Q3 2019 GAAP earnings per share of $0.56 fell short of estimates by $0.01. Revenues of $536 million beat estimates by $2.06 million.

Although Janus Henderson faces some "continuing real challenges," Weil says, the team "is building the right culture; the talent is applying itself well and we're starting to produce improved results." (Weil was responding to a question from Andrei Stadnik, a vice president at Morgan Stanley.)

Of Janus Henderson's total AUM at the end of Q3 2019, 37 percent ($131 billion) was from institutional clients, 45 percent ($159.8 billion) was from intermediary clients, and 18 percent ($65.3 billion) was from self-directed clients. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q3Q2Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - Use of Derivatives by RICs, July 29
  2. MMI webinar - Active ETFs: How to Achieve Escape Velocity In a Crowded Market, July 29
  3. IMEA webinar - Catch the AI Wave: A Practical Guide to Moving From Experimentation to Impact, August 4
  4. MFDF Director Discussion Series - Open Forum (Columbus, Ohio), August 20
  5. Samfund Soiree Boston 2025, August 21
  6. MFDF webinar - The Audit Committee Chair's Guide to Balancing Duties and Emerging Issues, September 3
  7. ICI ETF Conference, Sep 8-10
  8. Nicsa webinar - Reimagining Reconciliation: AI, Regulation, and Capital Markets Transformation, September 10
  9. MFDF webinar - Series Trust Funds - Compliance and Board Reporting, September 10
  10. MFDF In Focus - Board Oversight of DEI in Current Landscape, September 11
  11. MFDF webinar - MFDF 15(c) White Paper Webinar Series: Part 4 – Enforcement Action Takeaways, September 16
  12. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
  13. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
  14. IMEA Portfolio Construction Roundtable, September 24
  15. Expect Miracles Atlantic Coast Classic 2025, September 29
  16. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
  17. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
  18. 10th annual Fuse Forum, October 8
  19. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
  20. 2025 MMI Annual Conference, Oct 15-17
  21. MFDF webinar - Series Trust Funds - Effective Board Relationships with Advisers, October 15
  22. MFDF In Focus webinar - Audit Committee Chair, November 5
  23. 2025 Nicsa Asset & Wealth Management Summit, Nov 11-12
  24. MFDF webinar - Mutual Fund CCO Compensations: The MPI Annual Survey Update, November 13
  25. MFDF 2026 Directors' Institute, January 26 - 28, 2026
  26. MFDF 2026 Fund Governance & Regulatory Insights Conference, March 5 - 6, 2026




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use