Henderson's Wagstaff: 'Acquisitions are in our DNA and we will almost certainly buy something else in next five years'

Big Interview with global head of distribution

Henderson Global Investors' global head of distribution Phil Wagstaff talks about the big challenges for active managers, why not all business is good business, and the group's next potential acquisition.

New Star, Gartmore, a US asset manager and a trio of Australian boutiques - Henderson Global Investors has been a major participant in the asset management industry's consolidation trend over the past decade, and the group is not stopping there. Halfway through its five-year plan to become a "truly global" asset manager, which has already seen AUM jump from £64bn to £92bn, the group now offers an array of products spread across asset classes, targeted at retail and institutional clients in the UK and increasingly overseas. Phil Wagstaff, global head of distribution who recently was ap...