Wagstaff and Formica: Jupiter move was about getting back to something much more focused

Jupiter Asset Management CEO Andrew Formica and global head of distribution Phil Wagstaff spent six years building up Henderson Group, culminating in overseeing the mega-merger with Janus Capital Group in 2017 that created the $360bn giant Janus Henderson Investors. After leaving together in the summer of 2018, they joined forces a year later with Jupiter - a move they both insist "was not preordained". Jupiter hires Formica as CEO as Slendebroek steps down in March 2019 With $45bn in assets under management, as at 30 September, Jupiter is a fraction of Janus Henderson's size, but ...