Janus Henderson to Buy Richard Bernstein Advisors

MT Newswires Live

01/23

Janus Henderson (JHG) said Friday it has agreed to buy Richard Bernstein Advisors, a research-driven, macro multi-asset investment manager.

Richard Bernstein will join the company as global head of macro and customized investing and enter a multi-year agreement to lead the unit's growth, the company said.

The transaction is expected to close in Q2, according to the company.

Financial details were not disclosed.

Price: 47.92, Change: -0.17, Percent Change: -0.35

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