Gartmore

The board of John Bennett's Gartmore European trust has outlined proposals to revamp the portfolio, including slashing holdings by 50% and renaming the trust.

Henderson saw £692m of net outflows from its retail range and £254m from the acquired Gartmore funds in Q3 with market uncertainty hitting sales.

The former global head of distribution at Gartmore, Phil Wagstaff, is set to join Skandia Investment Group (SIG) as CEO.

Henderson is to soft-close Ben Wallace and Luke Newman's Henderson UK Absolute Return OEIC and Henderson Gartmore UK Absolute Return SICAV.

Richard Pursglove has joined Goldman Sachs Asset Management (GSAM) as head of the UK third party distribution business in a bid to expand sales among discretionary managers and fund of funds.

Former Gartmore fund manager Guillaume Rambourg is set to launch his own hedge fund venture in Paris, without ex-colleague Roger Guy, according to reports.

Fidelity has confirmed Eden Financial's Dan Roberts is joining to launch a global equity income fund when he lands in November.

Eden launches UK Select Opportunities fund for former Gartmore head of UK equities

Eden Financial's Leigh Himsworth has ruled out the prospect of buying into any of the UK's five banks after launching his £10m UK Select Opportunities fund.

Henderson is to close the offshore version of Charlie Awdry's China Opportunities fund following a redemption from a significant shareholder.