Janus Henderson Group, a global asset manager, has announced it has entered into a definitive agreement to acquire 100 percent of Richard Bernstein Advisors (RBA), a research-driven, macro multi-asset investment manager.
Founded in 2009 by Richard Bernstein and headquartered in New York City, RBA is an investment manager focused on longer-term investment strategies that combine top-down, macroeconomic analysis and quantitatively-driven portfolio construction, overseeing approximately $20 billion in client assets. As a widely recognized expert and thought leader in style investing and asset allocation, Richard Bernstein has more than 40 years of experience on Wall Street, including as chief investment strategist at Merrill Lynch. RBA provides its clients with differentiated asset allocation solutions that are rooted in the firm’s intellectual capital. Richard Bernstein will join Janus Henderson as global head of macro and customized investing and enter into a multi-year agre