View more on these topics

Henderson tunes in to commercial radio

Henderson Private Capital, the private equity arm of Henderson Global Investors, has invested £12m in Mega Radio Holdings of Germany.

The investment is the fourth made by Henderson&#39s European fund, Henderson European Partners 1, and the first made by the fund in Germany.

Mega Radio will operate the first national commercial radio network in Germany. Its subsidiaries have licences in six German states, reaching 80 per cent of the population with its broadcasting.

The fund was established to take advantage of buyout and consolidation opportunities in Europe, focusing primarily on the UK, Italy and Germany. It has been investing since July and will be officially launched on September 18.

Previous deals made by Henderson European Partners 1 include London-based serviced office provider Corpnex (formerly Nexus), American industrial conglomerate Mark IV Industries and Media Partners, an Italian sports rights marketing company.

Henderson Private Capital partner Jonathan Agar says: “There is huge potential for national broadcasting in Germany and we are delighted to support Mega Radio. They offer us an exciting opportunity to invest in an unrivalled network. This is an area that we expect to grow significantly, reaching levels of spen-ding similar to those in markets with longer established commercial radio.”


Polar bears need to cool the climate for a clear view

The continuing bear market must be the biggest risk facing financial services firms but political and regulatory risk comes a close second and this supposedly under a business-friendly Government. To make matters worse, the bull market – fading into folk lore – provided a false comfort zone which has masked some of the problems faced […]


As the problems of guaranteed annuities mount, the disaster threatens to demolish the Government&#39s entire strategy on pensions and long-term savings. Royal & Sun Alliance is the latest life company to admit that its guaranteed annuity liabilities are threatening to make the company insolvent. If another life company effectively goes to the wall, what will […]

Pension fund reform driving demand for corporate bonds

Pension fund reform in the UK is driving demand for corporate bonds, according to SG Asset Management. It says that the scrapping of the minimum funding requirement for pension schemes under the Myners report has led to asset allocation switch away from gilts towards higher yielding corporate bonds.

Scottish Life removes policy fee on regular premium plans

Scottish Life has removed the policy fee for all new regular premium plans of £100 or more per month.The life office says the move is designed to increase the attractiveness of its personal pension plans and that the removal of the policy fee produces a substantial improvement in its competitive position. Head of Communications Alasdair […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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