Henderson distribution co-head Kitts exits

Arno Kitts, co-head of global distribution at Henderson Global Investors, has left the firm by mutual consent.

It is believed to be the first senior job cut since Phil Wagstaff, global head of distribution, joined the firm in January. Kitts was co-head of global distribution, focussing on the institutional side, alongside Mark Skinner who looks after retail and wholesale clients. He joined Henderson in 2003, having previously worked in J. P. Morgan's institutional business. A statement from Henderson said: "After more than eight years at Henderson Kitts feels that this is an appropriate point for him to seek a new challenge. He will leave Henderson in July, but has agreed to help - on a con...