Janus Henderson Announces Succession Plans for its Investment Trust Leadership

Janus Henderson Group plc announced today that effective 30th June 2022, James de Sausmarez will retire as Janus Henderson’s Director and Head of Investment Trusts.

Dan Howe, the Deputy Head of Investment Trusts will succeed Mr. de Sausmarez and they are working together to ensure a smooth transition.

Mr. de Sausmarez has led the Investment Trust business since 2005 and has a long history with Janus Henderson and its legacy firms; having first joined Touche Remnant, a Henderson legacy firm, in January 1986. On his retirement Mr. de Sausmarez will concentrate on his civic and voluntary interests as well as seek non-executive opportunities.

Dan Howe joined Janus Henderson Investors in October 2021 from J.P. Morgan Asset Management, where between 2018-2021 he was Executive Director for Global Strategic Relationships. He had previously been part of their Investment Trust Business for five years, latterly as Head of Sales.

The Investment Trust business is Janus Henderson’s oldest business and includes many highly regarded investment trusts including The Bankers Investment Trust PLC, Henderson Far East Income Trust Limited and The City of London Investment Trust plc, which holds the record for the longest period of consecutive annual dividend increases having increased its dividend every year since 1966.

Dick Weil, Chief Executive Officer of Janus Henderson Investors said, “The Investment Trust business is Janus Henderson’s oldest and remains a core business for us, where our client Investment Trusts continue to lead the market. I want to thank James for his exceptional service to our company and I wish him well in his retirement; I know that with Dan, James is leaving the business in excellent hands.”

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