Henderson

Henderson's head of global equities, Neil Rogan, has left the firm, Investment Week can reveal.

Henderson Global Investors saw its share price climb in the face of a declining market for the second day running today following rumours of a takeover.

SPECIAL REPORT: INDIA

Henderson Global Investors is raising its dividend after reporting a 58% profits jump in 2011, even with the cost of the Gartmore integration impacting results.

M&G tops both retail sales lists as investors seek out bond funds, while BlackRock's active and passive vehicles also prove popular.

ETHICAL

Henderson is to convert its £568m Higher Income fund into a global equity offering, Investment Week understands, as part of a major overhaul of its fund range.

Leading fund managers are favouring US equities over markets including China and Europe as the appeal of owning dollar assets helps spark a shift into the world's largest economy.

ON EUROPE

Fund management groups and analysts have warned new dividend rules for investment trusts could see shareholders lose out as portfolios become less tax efficient.