Janus Capital Group Announces the Promotion of Enrique Chang to President, Head of Investments
|04/01/2016 | 11:37am|
Janus Capital Group, Inc., (NYSE:JNS) today announced the promotion of Enrique Chang to President, Head of Investments. Enrique today begins overseeing Janus’ Fundamental and Macro Fixed Income teams, in addition to his existing leadership responsibilities of the Janus Equity and Asset Allocation investment teams. The promotion is effective immediately.
“The decision to promote Enrique to President, Head of Investments, is reflective of his increased responsibility in now overseeing the majority of our Janus investment teams, as well as his significant contributions to the firm over the past two and a half years,” said Dick Weil, Chief Executive Officer of Janus Capital Group. “Enrique will play an important role in the achievement of our strategy as he leads our investment platform. I’m pleased to have someone with his experience and discipline in this position.” Enrique will partner with CEO Dick Weil and President Bruce Koepfgen.
Reporting to Enrique will be the members of the Janus equity team, fundamental and macro fixed income investment teams, as well as members of the investment risk management and asset allocation teams. Perkins Investment Management and INTECH Investment Management will continue to report into their respective leadership teams and relevant Boards, as they have historically.
Enrique was previously chief investment officer of Equities and Asset Allocation. He joined Janus in September 2013 and was previously executive vice president and chief investment officer for American Century Investments, where he was responsible for the firm’s fixed income, quantitative equity, asset allocation, U.S. value equity, U.S. growth equity and global and non-U.S. equity disciplines. In this capacity, he oversaw more than 150 investment professionals, including portfolio managers, analysts and traders.
About Janus Capital Group, Inc.
Janus Capital Group Inc. ("JCG") is a global investment firm dedicated to delivering better outcomes for clients through a broad range of actively managed and smart beta investment solutions, including fixed income, equity, alternative and multi-asset class strategies. It does so through a number of distinct asset management platforms, including investment teams within Janus Capital Management LLC ("Janus"), as well as INTECH Investment Management LLC ("INTECH") and Perkins Investment Management LLC ("Perkins"), in addition to a suite of exchange-traded products under VelocityShares. Each team brings distinct asset class expertise, perspective, style-specific experience and a disciplined approach to risk. Investment strategies are offered through open-end funds domiciled in both the U.S. and offshore, as well as through separately managed accounts, collective investment trusts and exchange-traded products. At the end of December 2015, JCG's complex-wide assets totaled approximately $192.3 billion for shareholders, clients and institutions around the globe. Based in Denver, Colorado, JCG also has offices in London, Milan, Singapore, Hong Kong, Tokyo, Melbourne, Sydney, Paris, The Hague, Zurich, Frankfurt, Dubai and Taipei, as well as Boston, Mass., Darien, Conn., Princeton, N.J., West Palm, Fla., Chicago, Ill., and Newport Beach, Calif.
Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans,” “may increase,” “may fluctuate,” “forecast” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements. These statements are based on the beliefs and assumptions of Company management based on information currently available to management.
Erin Passan, 303-394-7681
John Groneman, 303-336-7466