After Janus Henderson Investors, a UK-based investment firm, announced in January last year its intention to open a representative office in Mexico, the asset manager finally received approval from the country’s financial authorities in the closing days of last year, according to the regulator’s official publication.
“The members of the Board of Governors of the National Banking and Securities Commission, based on Article 12, Section XV of the Law of the National Banking and Securities Commission, in relation to Article 159 of the Securities Market Law and the first paragraph of Rule Four of the regulations for representative offices of foreign financial entities, unanimously agreed to authorize the establishment in Mexico of a representative office of Janus Henderson Investors UK Limited,” reads the authorization granted by the Comisión Nacional Bancaria y de Valores (CNBV) and published in the official gazette of the Latin American country.
According to industry sources, the representative office in Mexico will be headed by Christian Constandse. The executive, with more than 18 years in the industry, brings extensive experience in public and corporate pensions and the institutional market in general. Previously, he served as Director of Institutional Business for Mexico at BlackRock. He also spent over eight years at Grupo Bursátil Mexicano (GBM) as Director of Equity Portfolio Management and four years at Banco de México as an economist.
Currently, the European asset manager oversees approximately $308 billion in assets, has over 2,000 employees, and operates 25 representative offices worldwide, including the newly authorized office. In addition, it is listed on the stock exchanges of the United Kingdom and New York.
