Advisers have continued to recommend Cautious Managed funds, with the sector taking second place on Cofunds' best seller list for August.
Henderson New Star has received FSA and unitholder approval for the merger of a number of funds in the New Star UK equity range.
Redemptions from the New Star fund range slowed significantly in the months following its takeover by Henderson, with the group noting just a £200m net outflow from April to June.
Profitability at the UK's major banks over the next three years may be sufficient to cover impairment charges and even allow for some addition to capital, effectively ruling out any future need for Government bail-outs, Henderson's Simon Ward says.
Where do we see the FTSE 100 finishing this year?
Henderson New Star chief economist Simon Ward says patterns in previous recessions suggest the depth of the current downturn may have been overstated.
Henderson Strategic Bond, managed by John Pattullo and Jenna Barnard, has surpassed £500m in assets under management.
Small T&T sector is beginning to rebound on improved economic data, seen in strong earnings growth
What started as a valuation-driven rebound following the excessive de-rating of Asian equities in late 2008 has generated additional momentum on the back of more compelling evidence of an economic turnaround.
Henderson Group has retained a better than expected 77% of New Star fund assets but warned first half profits will be half the level of a year ago.