Henderson secures key staff from Gartmore

Comments (0) | 12 Jan 2011 | Rating | Print by Tim Human

Managers representing 84 percent of assets under management agree to stay on after £335 mn deal announced

Henderson Group, the parent company of Henderson Global Investors, has secured the services of key fund managers from Gartmore as part of its agreement to buy the troubled asset manager.

Henderson announced an offer this morning to buy Gartmore in a deal worth £335 mn ($523 mn). Gartmore’s board ...

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