Deciphering what Nelson Peltz is up to with his big moves in the investment management space

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Trian Fund management recently took a stake in both Invesco and Janus Henderson Group, raising the possibility of another merger in the asset management industry.

. In their 13D language on Janus, they state that they have had a conversation with Janus's Non-Executive Chairman, Richard Gillingwater, and intends to engage in discussions with the board and/or management of the company regarding many topics including encouraging them to explore, certain strategic combinations with one or more companies in the asset management industry .

Depending on how this turns out, it will be viewed as either an experienced activist using creativity and all of its tools to fully maximize returns for its investors, or a strategic, short term activist engineering attempt to try to boost returns coming into the fourth quarter of a down year. Trian's engagement with Janus does not really scream long term, thoughtful engagement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Woke up and Bitcoin had just blasted up another $350 today! She's moving! Jack Dorsey's company 'Square' bought $50 million in Bitcoin this week!! $$

| ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄| ENDSARS |___________| \\ (•◡•) / \\ / --- | | This is all we are doing today Get the message out there. EndSarsNow EndSARS EndPoliceBrutality

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley to buy Eaton Vance for $7 billion in investment-management pushMorgan Stanley has agreed to buy Eaton Vance Corp for about $7 billion in a cash-and-stock deal that can quickly expand its investment-management business and add more offerings for retail investors, the bank said on Thursday.
Source: Reuters - 🏆 2. / 97 Read more »