Industry legend Dan Royal will step back from his role at Janus Henderson at the end of this year, after more than 20 years at the firm. He will be replaced by Hugh Spencer, who is relocating to Denver, USA to take on the role.
“After more than 20 years at Janus Henderson and 40 years in the financial industry, Dan Royal will be retiring at the end of 2024. He will remain in his current role and will maintain his responsibility set until his departure on December 31, 2024,” a spokesperson for the firm confirmed to Global Trading.
“Dan is a valued member of the Janus Henderson Investments team and helped shape the culture of the firm since he first joined Janus in 2001.”
Spencer, currently head of Asia equity trading, will take on the role of global head of equity trading and will relocate to Denver in mid-2024. Spencer has been with the firm for 13 years and has 19 years of financial industry experience. “This extensive single-firm experience, coupled with his long-standing partnership with Dan, positions Hugh and the Global Equities Trading team exceptionally well in ensuring a natural and effective transition,” said the firm.
“Succession planning is a strategic priority at Janus Henderson.”
READ MORE: Janus Henderson confirms new EMEA head of equity trading
The London office recently saw its own reshuffle, with the promotion of Glen Pattison to EMEA head of equity trading following the departure of Richard Worrell to LSEG.
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