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Henderson teams up with Paradigm for asset management arm

by Rachael Revesz on Oct 11, 2012 at 11:23

Henderson Global Investors has teamed up with IFA group Paradigm to run a range of multi-asset funds for its recently launched asset management business, Tatton Capital.

Henderson's head of multi-asset Bill McQuaker (pictured) will run the funds, operating under Paradigm's investment management team.

Earlier this week Paradigm announced plans to launch its own asset management business housing its own fund range, offering discretionary fund management services, and model portfolios.

Paradigm will tie up with third party fund managers to launch a series single and multi-manager funds across a range of sectors.

Paradigm director Anthony Morrow said: 'The partnership we have formed with Henderson and their award-winning multi-asset team is part of our wider plans to build a modern market-leading investment management business that incorporates our existing proposition, Prism Capital Management, which has over £250 million of assets and is managed by Octopus Investments,' he said.

In 2011 Henderson struck a deal with IFA network Sesame to run its asset management arm Optimum Investment Management.