Henderson grows AUM by £700m despite Q1 volatility

Driven by retail inflows

Henderson Group saw assets under management increase by £700m in the quarter ended 31 March 2016, helped by retail inflows, despite market volatility continuing to weaken investor sentiment.

The group's total AUM stood at £92.7bn at the end of the period, up from £92bn for the quarter ended 31 December 2015. As a whole, its retail business benefitted from net inflows of £90m and positive market/FX movements of £342m, bringing closing AUM to £57.4bn, up from £56.9bn at the end of the previous quarter. Henderson's multi-asset head McQuaker exits for Fidelity Net flows into UK and other retail markets came in at £44m, which the company puts down to strong demand for its income and absolute return strategies. It saw strong flows over the quarter into the Henderson UK Ab...