10 Cheap Asset Management Stocks to Buy Now

6. Janus Henderson Group plc (NYSE:JHG)

Forward P/E: 10.2

Upside Potential: 24%

Number of Hedge Fund Holders: 39

Janus Henderson Group plc (NYSE:JHG) is a global asset management firm offering actively managed investment solutions across equities, fixed income, and alternative strategies. The firm serves institutional, retail, and high-net-worth clients worldwide. As of end-December 2024, its AUM stood at $379 billion.

On February 24, UBS analyst Brennan Hawken upgraded Janus Henderson Group plc (NYSE:JHG) from Neutral to Buy, raising the price target from $45 to $50. The analyst noted that early signs of business improvement are emerging in key performance metrics, including a positive shift in net flows, a stable management fee rate, and expanding operating margins.

The analyst also highlighted that despite broader challenges in the asset management industry, the company is on a distinct growth trajectory, supported by its differentiated product lineup and strong presence in the retail market. These factors are expected to drive sustained organic growth in the coming years. The analyst considers the stock reasonably priced, given its potential for double-digit earnings growth.