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Mark Harris and Craig Heron leave Henderson

by Alex Steger on Feb 02, 2011 at 11:51

Mark Harris (pictured) and Craig Heron have left Henderson as it merges its multi-manager funds.

Bill McQuaker has taken over management responsibility for the funds and becomes head of multi-manager in addition to his role as deputy head of equities.

Under the proposed mergers three regional multi-manager funds, Henderson American, Asia and European Portfolios will merge into Henderson North American Enhanced Equity, Henderson Asia Pacific Capital Growth , Henderson European Growth respectively.

Bill McQuaker (below) said: ‘This is an opportunity to make our range of multi-manager funds more relevant to investors. The primary focus for the six-strong Henderson multi-manager team will be on what we believe are the key sectors for multi-manager funds; active, balanced and cautious managed. Funds in these sectors form the core of many investors’ long-term portfolios’

Henderson said the announcement was unrelated to its recent acquisition of Gartmore.

Graham Kitchen, head of equities at Henderson said: ‘Today’s announcement is an important step in streamlining our fund range and relates purely to Henderson funds. The changes announced today will ensure that the combined investment talents of the two groups will be available to investors within a coherent range as quickly as possible.’