A phoenixrising

Once the darling of the 80s, Henderson Investments is attempting to rejuvenate itself into a vibrant, modern investment house positioned to cope with the changing face of fund management. Chief executive Andrew Formica talks through how this change has come about and how the recent acquisition of New Star is playing its part in highlighting the group's cutting edge investment capabilities

If there were a word you would not have previously associated with Henderson Investments it would be dynamic. But, talk to Henderson Group's chief executive Andrew Formica, and you get the impression this once traditional, yet sleepy, investment house has finally woken up. Initially an actuary with AMP before he moved over to the investment side of the business, Australian-born Formica has been instrumental in many of these changes. AMP bought the Henderson Group back in 1992 where, as a portfolio manager, Formica began running large insurance and hedge funds. He became head of equiti...