Janus Henderson Is A 'Turnaround Story' With Growing Suite Of Fixed Income ETFs: Analyst

1. Janus Henderson's revenue rose 25% year-on-year, driven by strong AUM growth. 2. Analyst Kenneth Worthington upgraded JHG from Neutral to Overweight with a $53 target. 3. Solid net sales of $3.3B are led by fixed-income strategies and ETFs. 4. Operating margin improved to 36.1%, indicating effective cost management. 5. Accelerating ETF and institutional flows enhance JHG's long-term performance outlook.