Henderson, Janus bulk up in wintry climate for asset managers

Henderson,  Janus bulk up in wintry climate for asset managers

Bill Gross speaks at the Morningstar Investment Conference in Chicago, Illinois, June 19, 2014. REUTERS/Jim Young

London-based asset manager Henderson Group agreed to buy US rival Janus Capital Group Inc on Monday in an all-share $6 billion deal to cut costs and boost profits amid growing competition from index funds run by top providers such as Vanguard Group.

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