JHG - Janus Henderson on verge of new era with new CEO after a rough 2017 merger

Janus Henderson Group (NYSE:JHG) is standing on the precipice of a new era as a new CEO takes over at the company that was formed by the 2017 merger of Denver-based Janus Group with London-based Henderson. Under the merger plan, the asset manager would be run by co-CEOs — Dick Weil from Janus and Henderson's Andrew Formica. Both are now gone. Ali Dibadj, who has been AllianceBernstein's (AB) CFO and head of strategy will become JHG's CEO no later than June 27, the company announced in March. It will be up to him to devise a plan that proves the company's focus on actively managed funds  can outperform passive index investing. Data compiled by Bloomberg estimates that in the past two years, the passive approach increased its market share to 46% of all funds from 42%.  Peltz is betting that active fund management will make a comeback, Bloomberg reported, citing

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Janus Henderson on verge of new era with new CEO after a rough 2017 merger