5. Janus Henderson Group plc (NYSE:JHG)
Number of Hedge Fund Investors in Q2 2024: 23
Short Interest % of Shares Outstanding: 0.27
Janus Henderson Group plc (NYSE:JHG) is a British asset management company headquartered in London. It has a presence in public equity, fixed income, private equity, and other markets. Like other asset management companies, Janus Henderson Group plc (NYSE:JHG) has had to deal with a turbulent global economy since the coronavirus pandemic. However, it is one of the oldest asset management companies in the world, which means that it benefits from decades of experience and diversified teams that can use different trading strategies to benefit from evolving economic and market trends. Janus Henderson Group plc (NYSE:JHG) also targets institutional and retail investors with its products, and it invests in fixed income, equities, and other segments which leads to portfolio and customer diversification. Moving forward, the potential lowering of global interest rates should help the firm. Other key figures to watch for Janus Henderson Group plc (NYSE:JHG) include its assets under management and fund inflows/outflows which indicate investor sentiment towards the company.
Janus Henderson Group plc (NYSE:JHG)’s management commented on its recent performance during the Q2 2024 earnings call: Here is what they said:
“Investment performance is consistently solid. We believe 63% of assets beating with benchmarks on a 1, 3, 5 and 10-year basis. Assets under management increased 3% to $361.4 billion, which is the highest quarterly AUM figure in over two years and 12% higher compared to a year ago. Net flows were positive $1.7 billion, improvement in net flows came from our intermediary channel and the institutional channel, which benefited from over 10 distinct mandate funding ranging from $100 million to $400 million, illustrating our efforts to grow a broad range of client sizes for our institutional business. We are encouraged by the net inflows in the quarter, recall that we previously said that intermittent quarters of neutral to positive net flows would be an indication that our strategic plan is starting to bear fruit.
Net inflows marked our second quarter out of the last six with positive flows, demonstrating tangible improvement toward our aspiration of delivering consistent organic growth over the long term. Our financial results remain solid, positive markets, net inflows, outperformance delivered by our investment teams plus expense management and increased productivity resulted in adjusted diluted EPS of $0.85, a 37% increase compared to the same period a year ago. Our financial performance and a strong balance sheet continue to provide us the flexibility to invest in the business, both organically and inorganically and return cash to shareholders. In summary, while there’s always work to do, the second quarter demonstrates we are squarely on the path to delivering consistent results for the long term.”
