Henderson set to begin fund rationalisation in April

Henderson has earmarked April for the start of its fund rationalisation programme.

The group says the administration platforms of Henderson and New Star will combine at the start of the second quarter next year, which will lead to a reduction in the number of funds in its range. Henderson's acquisition has already proved positive for New Star's fund range, with four of the former boutique's vehicles ranked first within their IMA peer groups over the six months to 30 October. "We are conducting an ongoing process of reviewing our fund range. In April of next year, a further stage of the Henderson New Star integration process will take place, as the administration pla...