Asset management group Janus Henderson Group
(ASX:JHG) has reported $371.9 billion in assets under management as of March 31.
Profits for the first three months of 2018 rose 40 per cent to $143.6 million - 12 per cent up from a year before despite the firm reporting net outflows of $2.9 billion last quarter.
The money management firm is the result of a merger last year between the Janus Group and Henderson Global Investors.
Market and foreign exchange effects helped to bolster assets under management.
The company declared US$0.36 per share dividend, an increase of 13 per cent.
Shares in Janus Henderson Group
(ASX:JHG) up 3.32 per cent to $45.10
