LONDON— Henderson Group PLC agreed to acquire U.S. rival Janus Capital Group Inc. for about £2.01 billion ($2.59 billion) as the two active management firms look to cut costs in the face of pressure from low cost fund providers like BlackRock Inc. and Vanguard Group. The planned
Read more →PIMCO has named former Macquarie division director Adrian Stewart as its new Australian country head. Based in Sydney, he starts in the role on August 11. He will be responsible for leading PIMCO’s business in Australia, including serving the firm’s institutional and wealth management clients. The announcement
Read more →Pimco has appointed a new managing director to oversee operations in the Asia Pacific including Australia. Eric Mogelof will have management oversight responsibility for the firm’s business in Asia Pacific, including Pimco’s Hong Kong, Singapore, Sydney and Tokyo offices. He will report to Douglas Hodge, Managing Director and PIMCO’s
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