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Fly News Breaks for January 2, 2020
JHG
Jan 2, 2020 | 06:36 EDT
Wells Fargo analyst Christopher Harris downgraded Janus Henderson Group to Underweight from Equal Weight as part of a broader research note on asset managers. Harris says flows have been "so unfavorable" for Janus Henderson and others in the space that it could very well improve in the near-term, but thinks structural issues will make a return to consistent growth a difficult prospect for these companies.
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