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.
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Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...
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