Janus Henderson Group plc (NYSE:JHG) Q2 2024 Results Conference Call August 1, 2024 9:00 AM ET
Company Participants
Ali Dibadj - Chief Executive Officer
Roger Thompson - Chief Financial Officer
Conference Call Participants
Bill Katz - TD Securities
Ken Worthington - JPMorgan
Dan Fannon - Jefferies
Craig Siegenthaler - Bank of America
Michael Cyprys - Morgan Stanley
John Dunn - Evercore
Adam Beatty - UBS
Operator
Good morning. My name is Megan, and I'll be your conference facilitator today. Thank you for standing by, and welcome to the Janus Henderson Group Second 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. [Operator Instructions].
In today's conference call, certain matters discussed may constitute forward-looking statements. Actual results could differ materially from those predicted in the forward-looking statements due to a number of factors, including, but not limited to, those described in the forward-looking statements in the Risks Factors section of the company's most recent Form 10-K and other more recent filings made in 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. Mr. Dibadj, you may begin your conference.
Ali Dibadj
Welcome, everyone, and thank you for joining us today on Janus Henderson's second quarter 2024 earnings call. I'm Ali Dibadj and joined by our CFO, Roger Thompson. In today's call, I'll provide some thoughts on the quarter before handing it over to Roger to run through more details. After Roger's comments, I'll provide an update on our strategic initiatives, brand strength and positioning and our progress towards delivering consistent results over time. So I'll take your questions following those prepared remarks.
Turning to Slide 2. Despite a persistent unsettled macro backdrop, market gains, continued alpha generation provided by our world-class investment teams, the exceptional services provided by our client teams and the productivity and execution of our operations and support teams in technologies, operations, legal, finance, risk and compliance, human capital, marketing and other functions, again enabled Janus Henderson to deliver a good set of quarterly results.
Investment performance is consistently solid. We believe 63% of assets beating with benchmarks on a 1, 3, 5 and 10-year basis. Assets under management increased 3% to $361.4 billion, which is the highest quarterly AUM figure in over two years and 12% higher compared to a year ago.