Henderson sees £1bn retail outflows as investors withdraw from Europe
AUM grew by 6%
Henderson saw net retail outflows of £1bn in the third quarter of 2016, despite assets under management growing 6% in the run up to the announcement of its merger with Janus Capital Group.
In the three months to 30 September, Henderson saw AUM move from £95bn to £100.9bn, which it said was a result of positive markets and FX gains caused by sterling weakness. The company said 70% of the...
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