Henderson recorded a £300m net inflow into its retail fund range in Q3, including £100m into its UK domiciled products.
The group also saw a £200m net inflow into its higher margin Horizon products, helping to drive overall assets under management at the group up 5% to £59.2bn. In the UK, the group says the inflows were spread across a broad range of vehicles, including its multi-manager, Credit Alpha, Strategic Bond and European Special Situations funds. Horizon flows were primarily into the group's Global Technology, Pan European Equity and Global Currency funds. Henderson chief executive Andrew Formica says risk appetite of both retail and institutional investors remains low, as poor economic new...
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