UPDATE: Wagstaff quits SIG for Henderson after just two weeks

Natalie Kenway
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Phil Wagstaff is leaving his role as chief executive of Skandia Investment Group, just two weeks after joining, to become global head of distribution at Henderson Global Investors.

Wagstaff will join former New Star and Gartmore colleagues at Henderson, which took over both fund firms in 2009 and 2011 respectively. He joins in January 2012, subject to FSA approval. He will lead the retail, institutional and hedge fund distribution teams on a global scale. Andrew Formica, chief executive of Henderson said: "Our strategy centres on our clients who are already benefitting from our investments in our distribution efforts. I am proud of what the team has achieved following our recent acquisitions. "I am confident we can take a significant leap forward with the con...

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