International investor demand for European equities helped Henderson boost retail net inflows by more than seven times in the first half of 2014.
Retail client net inflows were £4.7bn between January and June, according to the firm's half-year results, compared to £600m for the same period in 2013. Its institutional arm has also reversed its long-running trend of withdrawals, moving from outflows of £2bn last year to net inflows of £300m. Overall, the firm saw £5bn in net inflows. The firm attributed its jump in flows to a growing international presence, demand for European equities - a core Henderson strategy - and strong distribution relationships. Close to half of flows came from Henderson's SICAV range, marketed at European...
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