Henderson New Star

Henderson is to merge away both its UK and European Opportunities funds as part of its rationalisation programme following the acquisition of New Star.

Former New Star fund manager Patrick Evershed can proceed with a lawsuit over claims he was bullied by company founder John Duffield, a London court said.

Ex-New Star managers Phil Roantree and Stephen Whittaker are to launch an income fund through their new venture, Querns Asset Managers, seeding it with £5m of their own money.

Axa IM has hired former Henderson New Star manager Nick Hayes to run its £54m Sterling Strategic Bond fund.

Former New Star fund manager Patrick Evershed is due to appear at the Court of Appeal today to defend a court ruling that his unfair dismissal case falls under whistleblowing laws.

Henderson plans to change the investment policy and name of its New Star Technology unit trust to the Henderson Global Innovation fund.

A full decade after the Nasdaq peaked and then toppled dramatically from investor favour, clearly the wounds of technology investors are still taking their time to heal.

Henderson recorded a £100m net retail inflow across its UK Oeic and unit trust range in 2009.

Henderson New Star's James Gledhill has initiated a short position on gilts to protect against a possible spike in UK government bond yields.

Henderson New Star's Ainslie McLennan says the turnaround in commercial property reflects the shift in investor sentiment.