Henderson Global Investors has reported net inflows of £3bn in Q1 2014 as it continues to enjoy a turnaround in the fortunes of its retail business.
The increase was driven by inflows of £2.9bn into its retail division, up on the £2.7bn reported in Q4 2013 and the £1.2bn reported in Q3. The latter figure included Henderson's first net inflow into equity funds since 2011, and equities have continued to drive flows at the start of 2014, seeing net flows of £2.8bn. In the UK, there were "strong net flows" into the Henderson UK Property Unit trust and the Henderson Cautious Managed fund. Overall, 10 retail funds saw net inflows of more than £100m during the period. But it was the SICAV business that accounted for more than half the...
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