Henderson Global Investors saw a net inflow of £1.2bn into its retail funds in Q3, driven by its equity fund range which saw a positive flow for the first time since 2011.
Total AUM increased £2.9bn or 4.3% to take the group's assets above the £70bn threshold. The group saw positive flows return to its equity products in Q3 for the first time since Q1 2011, posting £889m of net inflows. It had seen an outflow from equities of more than £1bn in the first quarter of 2013, and an £81m outflow in the second quarter of the year. Institutional funds saw a net outflow of £107m, but a strong demand within the retail arm produced a total net inflow of £1.241bn. This figure compares to a £399m net inflow into retail funds in the second quarter. The institut...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes