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Corporate Earnings and M&A

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Victory Capital's Janus Henderson Bid Signals Asset Manager Consolidation as Fee Pressure Mounts

Victory Capital's Janus Henderson Bid Signals Asset Manager Consolidation as Fee Pressure Mounts

Victory Capital offered to acquire Janus Henderson on February 26, 2026, marking the latest consolidation move in asset management. The deal follows pressure from fee compression and passive index competition, with some active managers like Westwood Holdings distributing 100% return of capital in December 2025 rather than investment income.

ViaNews Editorial Team (Markets)