In a statement on Thursday, Janus Henderson reported revenue of US$2.77 billion for the 12 months to 31 December 2021, up 20.4 per cent from its year-end result of US$2.3 billion in 2020.
The company said quarterly earnings per share reached $1.05 compared to earnings of $1.04 per share a year ago.
Dick Weil, chief executive officer at Janus Henderson said, “2021 was a year of significant progress towards our strategy of simple excellence”.
“Our financial results were strong. We continued to generate significant cash flow and increased capital returns to shareholders through both dividends and share buybacks.
“As we enter 2022, we believe that the significant progress towards our strategic objectives and the momentum in our business positions Janus Henderson well on the path to sustained growth,” Mr Weil said.
He emphasised the firm’s solid investment performance which bolstered its AUM to a record US$432.3 billion at year end.
Also on Thursday, Janus announced it would sell its 97 per cent-owned quantitative equities subsidiary, Intech Investment Management, to a consortium comprised of Intech management and certain non-executive director.
The management buyout is expected to enable both organisations to refocus on their key value propositions: Janus Henderson on providing active, fundamental investing; and Intech on delivering quantitative investment solutions for institutional investors.
“We are pleased to have reached an agreement with Intech that benefits both firms, providing Janus Henderson with increased operating efficiency and focus on fundamental, active investment, while fulfilling Intech’s desire to operate independently in the delivery of quantitative investment solutions,” Mr Weil said.
The transaction is expected to close in the first half of 2022.
Maja Garaca Djurdjevic
Maja's career in journalism spans well over a decade across finance, business and politics. Now an experienced editor and reporter across all elements of the financial services sector, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies.
