Henderson Group
Henderson Group plc was a global investment management company with its principal place of business in the City of London. It merged with Janus Capital Group in May 2017 to create Janus Henderson.
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Public company | |
Traded as | LSE: HGG, ASX: JHG |
Industry | Investment Management |
Founded | 1934 |
Headquarters | London |
Key people | Richard Gillingwater, chairman Andrew Formica, Chief executive[1] |
Products | Equities, fixed income, property, private equity |
Revenue | £738.0 million (2016)[2] |
£212.7 million (2016)[2] | |
£109.6 million (2016)[2] | |
Number of employees | c. 1,000 (2017)[3] |
Website | henderson |
History
The Company was established in 1934 to administer the estates of Alexander Henderson, 1st Baron Faringdon.[4] In 1975 it started managing pension funds.[4] It was first listed on the London Stock Exchange in 1983.[4] On re-listing as HHG Group in 2003, the group comprised Henderson Global Investors (a UK-based investment manager), Life Services (comprising the life and pension books of Pearl Assurance, NPI, National Provident Life, London Life and HHG Services) and the financial advisory firm, Towry Law.[5]
Between 2008 and 2012 the Group was tax-resident in the Republic of Ireland.[6] With effect from 12 December 2012, the Group changed its tax residency from the Republic of Ireland to the UK by means of a corporate restructuring.[7] In 2010 the company phased out the New Star name[8] and in 2014 the company rolled out a new brand identity.[9]
In May 2017 the company completed a merger with Janus Capital Group to form Janus Henderson.[10]
![](../I/m/Shoreditch_High_Street_-_Looking_Towards_Norton_Folgate_-_geograph.org.uk_-_1163494.jpg)
Acquisitions and sales
Transaction | Date |
---|---|
Acquired Touche Remnant from Société Générale | 1992 |
March 1998 bought by AMP Limited (and subsequently integrated with AMP Asset Management's operations
in the UK and Australasia as Henderson Global Investors.) |
March 1998 |
Demerged from AMP Limited as HHG Group.[5] | 2003 |
Sale of 50% stake in Virgin Money Group to joint venture partner Virgin Group.[11] | 2004 |
Sale of Life Services business[12] and change of name to Henderson Group[4] | 2005 |
AMP Limited sold its remaining 15% stake in the Company.[13] | 2005 |
Sale of Towry Law, the financial advisory business.[14] | 2006 |
Acquisition of New Star Asset Management Group PLC.[15] | April 2009 |
Acquisition of Gartmore Group Limited, giving a combined estimated AUM of £78.1bn as
at 31 December 2010.[16] |
April 2011 |
Operations
The company invests in four primary asset classes: equities, fixed income, property and private equity.[17] Its institutional product range also includes several hedge funds (under the Alphagen name).[18]
References
- "The call that put Henderson's high-flyer behind the controls". The Times. Retrieved 28 March 2015.
- "Annual Results 2016" (PDF). Henderson Group. Retrieved 22 April 2017.
- "Overview". Henderson. Retrieved 22 April 2017.
- Henderson Group History
- "Business – Troubled insurance group debuts". BBC. Retrieved 28 March 2015.
- "Business – Henderson to leave UK tax regime". BBC. Retrieved 28 March 2015.
- "Henderson moves tax residence back to UK". The Daily Telegraph. 13 December 2012. Retrieved 28 March 2015.
- Emma Wall (12 March 2010). "New Star name to disappear in Henderson shake-up". The Daily Telegraph. Retrieved 28 March 2015.
- Henderson Global Investors (21 January 2014). "Henderson Rolls Out Global Rebrand". PR Newswire. Retrieved 28 March 2015.
- "Janus Henderson mega-merger completes". City Wire. 30 May 2017. Retrieved 1 June 2017.
- "HHG divestment strategy opens with Virgin sale". The Age. Retrieved 28 March 2015.
- "AMP wins as UK spin-off sells life funds for $2.6bn". The Sydney Morning Herald. Retrieved 28 March 2015.
- "AMP sells the last of Henderson stake". The Sydney Morning Herald. Retrieved 28 March 2015.
- "UK Business Park – B2B Sales Leads & Company News". ukbusinesspark.co.uk. Archived from the original on 10 January 2015. Retrieved 28 March 2015.
- "Henderson buys New Star for £115m". The Times. Retrieved 28 March 2015.
- "Henderson confirms Gartmore takeover". moneyobserver.com. Archived from the original on 20 April 2012. Retrieved 28 March 2015.
- "About the author – Money Moves Markets". moneymovesmarkets.com. Retrieved 28 March 2015.
- "Fund factsheets – Henderson AlphaGen Capella Fund Overview – Henderson Global Investors Ltd – Offshore Mutual – FE Trustnet Offshore". trustnetoffshore.com. Retrieved 28 March 2015.