Henderson Global Investors acquires H3 Global Advisors
Australian and UK-listed fund manager Henderson Global Investors has acquired 100 per cent of H3 Global Advisors’ equity.
Henderson has $123 billion in assets under management.
Based in Australia and London, H3 Global Advisors is an alternative investment management firm that specialises in active and enhanced commodities strategies.
It manages around $342 million on behalf of institutional and retail clients.
Henderson Australia’s managing director Rob Adams said the investment strategies managed by the H3 team are contemporary and complement their business globally.
“The strategies managed by H3 offer strong uncorrelated returns and can be an ideal hedge to more traditional asset sectors. We not only see strong demand for such return dynamics here in Australia, but we believe they will have global appeal,” Adams said.
H3 Global Advisors spokesman Andrew Kaleel said working within a global business would give the company an opportunity to fulfil their long-term objectives.
“Our boutique structure has served us well; however we are looking forward to being able to focus all of our time on investing and providing solutions for our clients. We are very confident that working with Henderson, we can do just that,” he said.
AUTHOR
Malavika Santhebennur
Recommended for you
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
