Henderson Group is close to quitting Britain for tax reasons in a move that would send shockwaves through the City and the Treasury, The Telegraph reports.
Henderson Global Investors has seen its assets under management (AUM) plunge £3bn in the first four months of 2008, to £56.2bn.
Henderson is predicting a "challenging" end to the year for funds, in light of recent market volatility.
Inflationary concerns, the US property market, and UK interest rates all figure highly among the factors determining whether 2007 will be a good or bad year for investors and homeowners.
RICHARD LAMBERT, the new director general of the CBI, has attacked the government over the case of the NatWest Three, reports The Daily Telegraph .
AN ALL-PARTY parliamentary group examining the true cost of demutualisations among life assurers and building societies has called for legislation introducing an independent check on demutualisation windfalls, reports The Financial Times .
Querying asset managers about their approach to climate change risk is definitely a reasonable action on behalf of clients, given the link to investment risk, says Nick Robins, head of SRI funds at Henderson Global Investors.
Scottish Widows has been labelled the top ‘dog' for the fourth time in a row in Bestinvest's latest ‘Spot the Dog' poll, but the number of funds failing to beat their benchmarks is now at least falling, according to the study.