Janus Henderson Group plc (NYSE:JHG) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET
Company Participants
Ali Dibadj - Chief Executive Officer
Roger Thompson - Chief Financial Officer
Conference Call Participants
Craig Siegenthaler - Bank of America Merrill Lynch
Michael Cho - JPMorgan
Dan Fannon - Jefferies
John Dunn - Evercore ISI
Adam Beatty - UBS
Michael Cyprys - Morgan Stanley
Operator
Good morning. My name is Brika, and I will be your conference facilitator today. Thank you for standing by, and welcome to the Janus Henderson First Quarter 2024 Results Briefing.
All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer period. In the interest of time, questions will be limited to one initial and one follow-up question.
In today's conference call, certain matters discussed may constitute forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements due to a number of factors, including, but not limited to, those described in the forward-looking statements and Risk Factors section in the company's most recent Form 10-K and other more recent filings made with the SEC.
Janus Henderson assumes no obligation to update any forward-looking statements made during the call. Thank you.
Now it is my pleasure to introduce Ali Dibadj, Chief Executive Officer of Janus Henderson. So Mr. Dibadj, you may begin your conference.
Ali Dibadj
Welcome, everyone, and thank you for joining us today on Janus Henderson's first quarter 2024 earnings call. I'm Ali Dibadj, I'm joined by our CFO, Roger Thompson.
Today's call, I'll start with some thoughts on the quarter before handing it over to Roger. After Roger's comments, I'll provide a progress update on our strategic initiatives including two transactions we announced earlier today that we believe will allow us to deliver tremendous value for our clients and shareholders. And then we'll take your questions following those prepared remarks.
Turning to Slide 2. Global equity market returns were strong in the first quarter, including in the U.S. where the S&P 500 touched record highs. Despite these strong returns, the market backdrop is uncertain with increasing investor expectations for a higher -- for longer rate environment, stickier inflation and geopolitical conflicts in Eastern Europe and the Middle East. The strong equity markets, alpha generation provided by a world-class investment team, the exceptional service provided by our client teams and importantly and often overlooked, the productivity of our IT and operation teams as well as our regulatory risk, legal, finance and other teams enabled us to deliver a good set of quarterly results.