On October 2, 2020, Trian Fund Management, L.P. announced that it has had a conversation with Janus Henderson Group plc's non-executive chairman, Richard Gillingwater, and intend to engage in discussions with the board and or management of the Company regarding various strategic and operational initiatives that it believes can generate value. Trian Fund stated that it intends to further discuss with the board and or management of the Company, and may encourage the Company to explore, certain strategic combinations with one or more companies in the asset management industry.