Janus Henderson has acquired three specialist investment management businesses as part of a strategic partnership with Insignia Financial.
The company said the three specialist investment management businesses are Antares Fixed Income, Antares Equities and Fairview Equity Partners.
It said the three businesses mange approximately $33 billion across Australian fixed income, broad cap equities and small cap equities and that the move “significantly deepens Janus Henderson’s commitment to Australia and expands its local investment capability,
The announcement noted that the client base is predominantly institutional, spanning both Insignia mandates and third-party institutions clients why also including a range of established retail investment strategies.
Antares Fixed Income will join Janus Henderson’s existing Australian fixed interest team, creating one of the largest dedicated fixed income offerings in the local market. Antares Equities will become part of Janus Henderson’s global equity business, continuing to provide Australian large-cap equities serving institutional and retail clients.
It said Fairview Equity Partners, in which Janus Henderson will acquire Insignia’s 40% stake, will continue to operate independently as a boutique Australian small-cap manager.
The announcement said the transaction further enhances a long-term strategic partnership between Janus Henderson and Insignia, through which Janus Henderson delivers a broad range of its global investment capabilities across Insignia’s investment solutions.
“The partnership supports Insignia’s focus on delivering scalable, cost-effective investment solutions for its members and clients, while providing both firms with a basis for long-term growth,” it said.