Henderson prepares to cut more jobs and downsize fund range

clock

Henderson Global Investors is set to announce a fresh round of job cuts before the end of the year, Investment Week understands, as the FTSE 250-listed asset manager embarks on a further cost-cutting drive.

Employees at Henderson have been placed under consultation, with job cuts likely across the group’s 243-strong investment team, and other areas of the business, including IT and operations. In the New Year, the group is also looking to close a number of non-core funds as it prepares itself for the post-RDR world. Henderson will retain a focus on active management within its core product range, including Europe, equity income, fixed interest, multi-asset and multi-manager vehicles. But some of the group’s non-core funds, including UK Equity, Emerging Markets and Latin America, could...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

AllianceBernstein bags two SDR labels on deadline day

AllianceBernstein bags two SDR labels on deadline day

Focus labels dominate market

Cristian Angeloni
clock 02 April 2025 • 3 min read
Investors take group action against RL360 over collapsed funds

Investors take group action against RL360 over collapsed funds

Claim brought to Isle of Man to seek compensation for losses

Isabel Baxter
clock 27 March 2025 • 2 min read
Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Watch Professional Adviser's Working Lunch on Baillie Gifford's Scottish Mortgage trust - A World of Opportunities

Catch up on the discussion

Professional Adviser
clock 25 March 2025 • 1 min read