Make or break time for Henderson?

Just how an investment group handles a large acquisition can make or break it. Henderson, in commen...

Just how an investment group handles a large acquisition can make or break it. Henderson, in commenting on its purchase of New Star, has been vocal in its view that the merger is the group's opportunity to regain the ground it lost after the Pearl deal and once again become a major force in the UK investment market. Key to a successful acquisition is the retention of big name managers. The decision by Tim Steer to leave the company and join Artemis, despite rumoured lock-in deals on offer, has come as a blow and could be seen as the first crack in the Henderson façade. It has certainly ...