Henderson

As the traditional safe haven moves further from a loved asset to a loathed one, Bill McQuaker, head of multi-asset at Henderson, assesses the future for gold in portfolios.

Henderson shares have risen by almost 9% after the group said it expected underlying H1 profit to come in at around £100m, ahead of market expectations.

Henderson has delayed commission payments to over 7,000 advisers for three weeks due to additional checks needed following the Retail Distribution Review (RDR).

Multi-asset managers have been moving back into property for the first time since the financial crisis, as higher income levels from the sector attract yield-hungry investors.

Henderson Global Investors has reopened its UK Absolute Return strategy, managed by ex-Gartmore duo Luke Newman and Ben Wallace.

Henderson is to scrap the yield target on two of its multi-manager funds due to "dramatic changes" in the income environment, Investment Week, IFAonline's sister title, can reveal.

Fund closures and mergers in the UK have soared to a record high in the past six months as groups cull smaller or underperforming funds amid pressure on margins.

An inability to separate the short term from the long term is clouding investors' rationality, writes Bill McQuaker, head of multi-asset at Henderson.

EUROPE

Henderson Global Investors has managed to reverse outflows from its retail book after seeing the first net inflows into the business since Q1 2011.