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November 29, 2021

Janus Henderson hires new head of distribution for Asia

By Verdict Staff

Janus Henderson has hired Andrew Hendry as its new head of distribution for Asia (ex-Japan), effective February 2022.

Free Report
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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

Hendry is joining the British fund manager from abrdn, where he served the role of head of distribution for Asia Pacific.

In his new role, Hendry will oversee the overall strategy and management of the company’s distribution functions across Asia, excluding Japan and Australia.

His primary responsibilities will include maintaining, developing and diversifying the distribution business to ensure that the company continue to meet evolving needs of customers.

Additionally, Hendry will focus on developing strategic client partnerships across institutional and intermediary channels.

He will also collaborate with leaders from across the firm to spot and grow opportunities for business development.

Hendry will be based in Singapore and will report to Janus Henderson Global head of Distribution Suzanne Cain.

Commenting on the appointment, Cain said: “We are excited to welcome Andrew to the firm. His wealth of experience from some of the global asset management industry’s leading firms, coupled with his steadfast client-centric approach, will enable growth in the region and ensure we continue to meet our clients’ evolving needs.

“Andrew’s appointment, in addition to the appointments of Shinichi Aizawa, as Executive Chairman and President of Janus Henderson Investors (Japan), as well as Tomoyasu Tanimoto as Head of Distribution in Japan, demonstrates Janus Henderson’s ongoing commitment to building a best-in-class team and client offering in Asia.”

Prior to joining abrdn, Hendry has worked at Westoun Advisors, M&G Investments, and Capital Group.

Janus Henderson was established in 2017 through the merger of investment firms Janus Capital and Henderson Group.

Earlier this year, the firm selected BNY Mellon’s global data management platform in a bid to create a unified data store.

BNY Mellon’s platform enables clients to centralise and manage complex investment assets.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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