Janus Henderson Reports Q2 2025 Results: AUM Hits $457 Billion, Net Flows Reach $46.7 Billion

Janus Henderson Group reported Q2 2025 results with $163.8mln operating income, up from $153.6mln in Q1 2025 and $164.3mln in Q2 2024. Net inflows reached $46.7bln, including $46.5bln of investment-grade public fixed income assets from a strategic partnership with Guardian Life Insurance. AUM increased 27% YoY to $457bln, and diluted EPS rose 17% YoY to $0.95. The company returned $113mln to shareholders through dividends and share buybacks.

Janus Henderson Group plc (NYSE: JHG) has released its second-quarter 2025 financial results, showcasing robust performance despite market volatility. The company reported an operating income of US$163.8 million, up from US$153.6 million in the first quarter of 2025 and US$164.3 million in the second quarter of 2024. This growth was driven by positive net inflows of US$46.7 billion, including US$46.5 billion of investment-grade public fixed income assets from a strategic partnership with Guardian Life Insurance [1].

The company's assets under management (AUM) increased by 27% year-over-year (YoY) to US$457 billion. This significant growth reflects the company's diverse global distribution footprint and the broad range of strategies and vehicles it offers. Diluted earnings per share (EPS) rose 17% YoY to US$0.95, indicating strong financial performance and shareholder returns.

Janus Henderson Group also returned US$113 million to shareholders through dividends and share buybacks. The company's Board declared a dividend of US$0.40 per share for the quarter ended June 30, 2025, and shareholders on the register on the record date of August 11, 2025, will be paid the dividend on August 28, 2025. Additionally, the company purchased approximately 1.3 million shares of its common stock on the New York Stock Exchange (NYSE) in the second quarter, for a total outlay of approximately US$50 million [1].

Chief Executive Officer Ali Dibadj stated, "Our second quarter results were solid, despite market volatility to begin the quarter, with year-over-year increases in net flows, revenue, operating income, and EPS. Our world-class investment team continued to deliver solid investment performance. Importantly, net flows were positive US$46.7 billion this quarter, marking our fifth consecutive quarter of positive net flows. Delivering positive active flows is a key differentiator for Janus Henderson in an industry with well-documented active flow headwinds, and the positive net flow result demonstrates our truly diverse global distribution footprint and the broad range of strategies and vehicles we offer. Our financial performance and strong balance sheet allow us to continue returning cash to shareholders through dividends and share buybacks, while reinvesting in the business both organically and inorganically for future growth. "We are making meaningful strides on our strategic objectives, including our multi-faceted strategic partnership with Guardian, from which we are already starting to see benefits, including managing US$46.5 billion of their general account assets and Guardian's US$100 million of seed funding into our recently launched Asset-Backed Securities ETF, JABS, expanding Janus Henderson’s offerings to meet client demand, including insurance companies seeking efficient investment grade exposure for general accounts. “While there is still work to be done, many areas of our business are experiencing momentum, and the progress is tangible. We will remain focused on helping our clients define and achieve superior financial outcomes and delivering desired results for our clients, shareholders, employees, and all our stakeholders."

Janus Henderson Group's investment performance was also notable, with 72% of its AUM outperforming benchmarks over the 10-year period ending June 30, 2025. The company's multi-asset capabilities and fixed income strategies particularly stood out, with 97% and 93% of AUM outperforming benchmarks, respectively [1].

References:
[1] https://www.marketscreener.com/news/janus-henderson-group-plc-reports-second-quarter-2025-results-ce7c5fdddb88f62d