Janus Henderson Investors has announced changes to the European Equities team that affect the Janus Henderson European Selected Opportunities fund.

Effective 1 September 2025, Robert Schramm-Fuchs, Head of the European Large Cap investment team, and Marc Schartz, Portfolio Manager, will become the Lead Portfolio Managers on the firm’s flagship European Large Cap strategies.  Messrs Schramm-Fuchs and Schartz have been involved in managing European equities at the firm since 2014 and 2016 respectively and each has over 20 years of investment experience.  They were appointed co-managers on the Janus Henderson European Selected Opportunities fund in February 2025, working alongside Portfolio Manager, Tom Lemaigre, who is now leaving the firm.

In addition, with a view to bolstering the firm’s capabilities, Janus Henderson Investors has recruited four experienced research analysts who will collaborate closely with the Portfolio Managers in the European Equities team.

Janus Henderson European Selected Opportunities continues to feature on our Recommended list.  Acknowledging that these are important team changes, we plan to review the fund at the earliest opportunity.

As a reminder, Janus Henderson European Selected Opportunities blends the fundamental analysis of companies with global sector themes. The fund is not strongly stylised, although the managers maintain a firm valuation discipline, with the portfolio featuring a mix of structural winners and idiosyncratic value opportunities. Within its sector, the fund features in our 'Larger-Cap, Blend' category.