Fran Radano Leaves abrdn for Janus Henderson as North American Income Swaps Investment Manager

After 16 years at abrdn, Fran Radano has departed to join Janus Henderson Investors as the new AIFM and investment manager for the North American Income Trust (NAIT). NAIT made the decision to switch from abrdn after conducting an extensive review of its management arrangements and engaging in discussions with multiple management groups.

Janus Henderson's appointment is expected to provide NAIT shareholders with various benefits, including access to US equities, as the firm manages approximately $180bn in assets in this asset class.

In his new role, Radano will continue serving as the portfolio manager of the North American Income Trust, leveraging his extensive experience in North American equities gained during his tenure at abrdn.

Radano's departure from abrdn marks the end of a significant chapter in his career, during which he served as a senior portfolio manager in the North American equities team.

The North American Income trust is an excellent addition to our investment trust stable. Its US focus is a great complement to our existing range, and its commitment to delivering dividend income as well as long-term capital growth is well-suited to our capabilities as a group.

The US equities team and I look forward to working with both the board and with Fran Radano, to share our expertise and deliver for their shareholders over the long-term.

Marc Pinto, head of US equities at Janus Henderson Investors