Multi-Changes for Henderson's Multi-Managers

FUND TIMES: Manager departures at Henderson, fund launches across the board, and a focus on lower fees are highlights this week

Holly Cook 4 February, 2011 | 4:21PM

Henderson Departures Leave McQuaker Holding the Multi-Manager Baby
Multi-managers Mark Harris and Craig Heron have departed Henderson Global Investors as part of the asset manager’s move to merge its multi-manager funds.

The three regional multi-manager funds previously run by the Harris-Heron duo, the Henderson American Portfolio, Henderson Asia Portfolio and Henderson European Portfolio, will be merged into their equivalent regional non-multi-manager funds, Henderson North American Enhanced Equity (managed by Robert Villiers), Henderson Asia Pacific Capital Growth (managed by Andrew Beal) and Henderson European Growth (managed by Richard Pease), respectively.

In addition, the multi-manager tactical and balanced funds previously managed by Harris and Heron will be merged into the active and managed funds run by Bill McQuaker, who is simultaneously taking on the role of Head of Multi-Manager in addition to his existing role as Deputy Head of Equities. The Henderson Cautious Portfolio unit trust, also previously managed by Heron, is due to merge into the Multi-Manager Income and Growth portfolio from later on this month. The other merger proposals are subject to shareholder approval and if successful are expected to go ahead by mid-May.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author

Holly Cook

Holly Cook  is Managing Editor of Morningstar.co.uk

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies