Corporate Moves
Janus Henderson Rejects Victory Capital Acquisition Proposal
The asset manager’s board reaffirmed its preference to be acquired by Trian and General Catalyst.
The transaction’s strategic investors include the Qatar Investment Authority, Sun Hung Kai & Co. Ltd. and MassMutual.
While the industry is forever changed following the pandemic, portfolio managers expect a rebound ahead.
Buying the bonds now is a good arb play amid talk of lower rates in 2024, the firm believes.
Even though the stock market took a nasty fall, companies eagerly paid for their own shares.
Class action lawsuit claims firm loaded its retirement plan with high-fee, underperforming proprietary funds.
While company payouts hit a record, economic problems should slow that pace up ahead, a Janus Henderson study warns.
As the faded master bond investor announces his retirement, the usurper keeps growing in stature.