Janus Henderson Research N JRANX

Effective Jan. 26, 2024, Josh Cummings and John Jordan became comanagers on Janus Henderson Research. Both bring nearly 30 years of industry experience, and both are familiar with this strategy and its analyst-driven structure. As consumer and financials sector heads, respectively, they work closely with analysts in their sectors to vet ideas for this fund. In their expanded role as comanagers, they will take on additional oversight and risk-management responsibilities. They will also work alongside current manager and director of research, Matt Peron, until he steps away from this strategy in late 2024 to focus on other duties at the firm. Risk management plays a prominent role in this strategy’s approach. Indeed, it keeps sector and factor exposures close to those of the Russell 1000 Growth Index. Such constraints ensure stock selection drives results but limits the team's choices compared with more-traditional offerings that benefit from skilled managers and more-flexible mandates. The strategy retains its Average People and Average Process ratings.