Janus Henderson EM team to exit following Finegan departure

Finegan goes on gardening leave today

The remaining four portfolio managers on the Edinburgh-based Janus Henderson global emerging markets team will leave the firm, following the departure of head of global emerging markets equities Glen Finegan, who goes on gardening leave today (18 April) until October.

Stephen Dean, Nicholas Cowley, Michael Cahoon and one more member of the team will continue to manage the Janus Henderson Emerging Markets Opportunities fund, as well as other mandates they are responsible for, until 30 November, over which time the investment philosophy and process will remain the same. In a letter to adviser clients, seen by Investment Week, co-head of equities EMEA and Asia Pacific Alex Crooke said the firm is "actively pursuing various options for maintaining the global emergin markets capability, including recruiting new talent to the team". He added: "We remain ...