Andrew Formica issues call to demonstrate active management benefits

Janus Henderson's co-CEO

Laura Dew
clock • 2 min read

Janus Henderson co-CEO Andrew Formica has called out the industry for not doing "a good enough job" at educating investors on the benefits of active management.

Formica became co-chief executive with Richard Weil in May following the merger of Henderson Global Investors with Janus Capital last year. He said: "The industry is not making a clear argument for active management. It has not done a good enough job in quantifying the benefits of active management to investors. We have to do better." Formica said a big issue hindering active management was the ongoing preoccupation of clients and the media on the cost of investment. "There is too much focus on the costs of investment management and not on value. If you only focus on costs then pas...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read