After nine years at Janus Henderson, global chief investment officer Enrique Chang is to retire on 1 April.
Chang (pictured) joined the asset manager in 2013 and was promoted to global CIO in 2017. He was previously chief investment officer and executive vice president for American Century Investments, which he joined in 2006.
His departure will come a day after chief executive Dick Weil retires on 31 March. The incoming CEO has been named as Alliance Berstein’s Ali Dibajd, who will join the firm no later than the end of June. The company will be led by chief financial officer Roger Thompson on an interim basis until then.
No successor to Chang has yet been confirmed.
A spokesperson told Portfolio Adviser that Janus Henderson is considering the management framework of its investments team.
Therefore, the existing investments leadership team and executive committee members will work together to lead the firm’s investment activity. They include co-heads of equities George Maris and Alex Crooke, along with global head of fixed income Jim Cielinski.
Ahead of his retirement, Chang said: “I am grateful for the opportunity to have worked with some of the best investment professionals in the business and to have delivered on the promise of providing superior risk-adjusted returns to our clients. I am confident that our exceptional investment leaders George, Alex and Jim as well as the broader investments team will continue to deliver on our risk-adjusted return-driven investment philosophy, and help the firm deliver valuable investment performance on behalf of our clients.”
Chair of the Janus Henderson board of directors, Richard Gillingwater, added: “I’m thankful to Enrique Chang for his contributions over his tenure at the firm, including his close collaboration on many firmwide initiatives and building out a world-class investment capability that has delivered a robust track record of investment performance for our clients.
“George, Alex and Jim’s extensive investment experience, coupled with their long-standing and excellent reputations as leaders in the asset management industry, positions them and the wider, highly-regarded Janus Henderson Investments Team well in ensuring a seamless, and effective transition.”
