Henderson

Lazard has hired former Henderson manager Léopold Arminjon to run a new European equities strategy.

With market volatility on the increase, Investment Week asked six fund selectors for their absolute return recommendations.

Henderson's Richard McNamara has joined GAM as its new chief financial officer.

Bill McQuaker, head of Henderson's multi-manager team, has moved into more cyclical equities in the view outperforming defensives now look vulnerable to a correction.

John Bennett, head of European equities at Henderson, has said he wished he could increase his weighting to small caps in his open-ended funds, as they currently offer the "best value in Europe".

Henderson Global Investors is to sell its 40% stake in TIAA Henderson Real Estate for £80m, as its trading update revealed AUM grew by 10% in Q1.

MiFID II rules which classify non-UCITS funds as 'complex' products could force multi-asset vehicles to change structure and restrict their investment horizons.

Henderson's Simon Hillenbrand has said the group is looking to emerging markets and global equity income as key areas of focus for its five-year growth strategy.

Investors in Richard Pease's Henderson European Special Situations fund are to vote on its transfer to Crux Asset Management on 28 May, with the manager himself moving over at the start of June.