The acquisition aims at enabling Janus Henderson to enhance its position in model portfolios and separately managed accounts (SMAs), with the transaction expected to close in the second quarter of 2026.

Janus Henderson Group (Janus Henderson), a British-American asset manager, has formed a definitive agreement to acquire 100% of Richard Bernstein Advisors (RBA), a research-driven, macro multi-asset investment manager. The acquisition  aims to enhance   Janus Henderson's position in model portfolios and SMAs RBA was founded in 2009 by Richard Bernstein, a recognised thought leader in style investing and asset allocation, who brings over 40 years of experience on Wall Street, includ