Henderson Global Investors

The deal will obviously significantly enhance Henderson's presence in the retail fund market, but crucially it will remove the uncertainty surrounding Gartmore's future.

The deal announced today is a neat swerve by Henderson to pick up Gartmore on a two for three shares basis, which allows everyone involved to walk away with a semblance of dignity and begins to draw a line under a tricky period, to say the least.

Henderson is to merge away both its UK and European Opportunities funds as part of its rationalisation programme following the acquisition of New Star.

Henderson Global Investors is believed to have made a 95p per share offer for beleaguered fund manager Gartmore.

Henderson Global Investors is understood to be weighing up a takeover bid for stricken rival Gartmore.

The board of the Lowland investment trust, run by Henderson's James Henderson, has introduced a performance fee on the vehicle.

Henderson UK equity manager Stephen Peak has increased his stake in troubled fund group Gartmore to 14.23%.

Henderson's Mark Harris has warned investors in fixed income funds will lose money over the next ten years.

Henderson chief economist Simon Ward questions whether monetary tightening and fiscal cutbacks could send the global economy into a ‘double dip' recession.

Henderson has launched a Ucits III global currency fund for Bob Arends, the head of currency.