Henderson AUM hit by market weakness in Q3

Losses of £1.9bn

Henderson saw a fall in assets under management in the third quarter, as market weakness outweighed strong retail inflows.

In its update for the three months to 30 September, the firm said assets under management fell from £82.1bn at the end of June to £81.5bn by the end of September. This was primarily due to £1.9bn in losses from market weakness and foreign exchange, which outweighed £1.3bn in net flows as investors increased exposure to European assets. The institutional side of the business also saw small outflows of £206m over the period, while retail assets increased by £1.5bn. Q2: Henderson reports record net inflows as AUM rises to £82bn Since the start of the year, assets have risen only sl...