Janus Henderson Group PLC (NYSE: JHG) is an asset management company incorporated in the Channel Islands that manages investment portfolios on behalf of institutional and individual clients. The company earns revenue primarily through management fees calculated as a percentage of assets under management, with performance fees as a secondary revenue stream. As of the 10-K filed February 25, 2026 (for fiscal year ended December 31, 2025), the filing discloses a previously announced merger transaction involving the company, indicating a pending change of control. Janus Henderson was formed from the 2017 merger of Janus Capital Group and Henderson Group and operates across equity, fixed income, multi-asset, and alternative investment strategies. The company competes in the global active asset management industry against firms including T. Rowe Price, Franklin Templeton, and Invesco.

Revenue model

Management fees based on a percentage of assets under management, supplemented by performance fees. Fee rates vary by investment strategy and client type.

Products and services

Active investment strategies across equity, fixed income, multi-asset, and alternative asset classes, offered through mutual funds, ETFs, separately managed accounts, and other pooled vehicles.

Customers and end markets

Institutional investors and individual retail investors accessed through intermediary distribution channels. The filing does not disclose specific customer concentration figures in the excerpts provided.

Value-chain role

Asset manager. Acts as investment advisor and portfolio manager, sitting between end investors and capital markets.

Geographic exposure

Incorporated in the Channel Islands. The filing does not provide a geographic revenue breakdown in the excerpts provided.

Competitors

T. Rowe Price, Franklin Templeton, Invesco

Source: SEC 10-K, filed 2026-02-25

Industry: Investment Advice