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Senior Gartmore trio will not join Henderson

Leading Gartmore fund managers John Anderson, Leigh Himsworth and Dan Roberts will not move over to Henderson after the firm completes it takeover of the firm on April 25.

An update on the proposed acquisition of Gartmore shows that most of the managers’ funds will merge into existing Henderson products, while the company confirmed the three “will not be joining Henderson” in April.

Anderson’s Gartmore corporate bond is planned to merge into Henderson all stocks credit, Gartmore fixed interest will be incorporated by Henderson sterling bond and Gartmore sicav European corporate bond will merge with Henderson horizon Euro corporate bond, subject to regulatory and investor approval.

Gartmore UK alpha and Gartmore UK growth, both run by Himsworth, will become part of Henderson UK alpha, while Roberts’ Gartmore UK equity income will be rolled into Henderson higher income.

Overall, Henderson has confirmed that 14 Gartmore funds will be merged into existing Henderson funds later in the summer.

More to follow…

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