View more on these topics

Henderson merges Distribution and Cautious funds

Henderson has merged its £277m Managed Distribution fund into the £817m Cautious Managed fund following shareholder approval.

The move will see John Pattullo and Jenna Barnard become co-managers on the fund alongside Chris Burvill.

Burvill will lead the equity construction of the portfolio as well as making asset allocation decisions.

Henderson head of UK retail Simon Hillenbrand says:“Given both funds resided within the Investment Management Association’s Mixed Investment 20-60 % Shares sectors and have the same investment objective of aiming to provide income and long-term capital growth through a diversified portfolio, it was a logical decision to merge them.”

Henderson has merged a raft of funds following its acquisitions of New Star in 2009 and Gartmore in 2011.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com