** Asset manager Janus Henderson's JHG.N shares rise 7.8% to $32 premarket
** JHG will manage Guardian Life Insurance's $45 billion fixed-income asset portfolio, the companies announce
** Upon transaction completion, JHG will manage over $147 billion in fixed-income assets
** Guardian will receive JHG stock warrants as part of the deal and has committed up to $400 million of capital for the asset manager's fixed-income business
** Transaction expected to close at the end of Q2 2025
** As of last close, JHG stock down 30% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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