Following the merger with Henderson, Janus Capital’s former head of Asia is set to leave the new entity.
Gigi Chan, (pictured) head of China at Janus Henderson Investors, has decided to leave the company «in order to pursue other interests.»
The move comes after what appears to be a demotion in the management re-organisation of the newly merged asset manager.
A Janus Henderson spokesperson responded to finews.asia's enquiry by issuing an email statement saying «Gigi Chan, the chief operating officer and head of Asia-Pacific at Janus Capital since 2011, is set to leave at the end of July following the recent merger between the U.S. company and London-based Henderson Global Investors.»
Merger of Equals
Chan was previously Chief Operating Officer & Head of Asia Pacific at Janus Capital. Her last day at the company will be 31 July 2017.
It will mark the most significant exit from the Asia leadership team of the combined company to date, just two months after what was hailed as a merger of equals.
Asian Growth Hope
The head of Pan-Asia at Janus Henderson Investors Rob Adams, believes Asia represents a strong growth opportunity for Janus Henderson Global Investors, particularly in Australia, and in Japan where the firm's partner is Dai-ichi Life.
«Compared to the rest of the world, we anticipate this region to grow at a faster rate, and we are keen to tap into this. At Janus Henderson today we are responsible for $52.9 billion assets under management across the Pan Asia region, representing 16 percent of the Group’s assets under management. We are hoping to increase this materially over the next few years and beyond,» said Adams.
