Merger of the managers
On Tuesday, Henderson Group (ASX: HGG) announced its intention to merge with US-based Janus Capital Group in a reverse takeover. Each share of Janus will be exchanged for 4.719 newly issued shares in Henderson. The combined group Janus Henderson Global Investors will have assets under management of more than US$320 billion. Shares in Henderson closed up 9.2% for the week. We do not own Henderson in the investment portfolio.

Follow Wilson Asset Management’s wires
most popular
Equities
Is another CSL hiding on the ASX?
Sara Allen,
Livewire Markets
Equities
The quirky trend to add to your recession ready portfolio
Sara Allen,
Livewire Markets
Equities
Jun Bei Liu: Demand couldn't be higher for this biotech
Chris Conway,
Livewire Markets