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Sep 30, 2022
Janus Henderson Q3 2022 Earnings Report
Third quarter results published with solid long-term investment performance but AUM decreased due to market declines, US dollar appreciation and net outflows.
Key Takeaways
Janus Henderson Group's third quarter 2022 results showed solid long-term investment performance, with a majority of assets under management outperforming benchmarks. However, AUM decreased due to market declines, US dollar appreciation, and net outflows. The company is actioning cost efficiencies to drive growth.
Solid long-term investment performance, with a majority of AUM outperforming benchmarks.
AUM decreased 8% to US$274.6 billion compared to the prior quarter, due to market declines, US dollar appreciation, and net outflows.
Net outflows of US$(5.8) billion primarily reflect market uncertainty and investment underperformance in key strategies
Actioning US$40 million to US$45 million in gross run rate cost efficiencies expected to be realised by the end of 2023, which will be offset by investments in the business to drive growth
Forward Guidance
Janus Henderson intends to publish its fourth quarter and full-year 2022 results on 2 February 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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