Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Continued appetite for euro equity drives Henderson AUM

Continued appetite for euro equity drives Henderson AUM

Henderson Group reported net inflows of £3 billion over the first quarter with equity flows continuing despite an increase in volatility, increasing assets from £75.2 billion to £79.2 billion.

While European equity continued to be the most popular choice, investors also showed growing demand for multi-asset and absolute return funds, the company said.

‘Client demand for European equities was the most significant driver, but solid investment performance and active client engagement worldwide continued to generate interest in all of our core capabilities,’ said Henderson chief executive Andrew Formica (pictured).

‘In line with our strategy, we are investing selectively in our core capabilities, making new hires and developing our global footprint, all of which should position us well in the years to come.’

Cash on the company’s balance sheet rose from £56.3 million to £74.5 million over the period.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
1 Comment Play CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Play CEO Tapes: 'we're just a bunch of white dudes sitting here'

CEO Tapes: 'we're just a bunch of white dudes sitting here'

In our brand new series, eight CEOs discuss how the industry could do a better job for female fund managers.

Read More
Wealth Manager on Twitter