Henderson Group travelling well

amp/

4 December 2007
| By Mike Taylor |

Four years after being demerged from AMP, British-based Henderson Group appears to be on track, having substantially lifted both assets under management and its returns to shareholders.

The company has provided a briefing for investors revealing a steadily improving bottom line, with operating profit for Henderson Global Investors before tax for the first half of the current financial year already standing at £61.4 million on the back of total income of £178.7 million.

The company outlined its objectives moving into the future as being attracting and retaining talent, sustaining good investment performance and improving on those areas that have lagged, continuing to expand high margin products and exploiting operational leverage.

It said it also intended to drive revenues, profits and margins higher.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND