Report
Stephen Ellis
EUR 147.86 For Business Accounts Only

Henderson Group Sees Improvement in AUM and Flows During Q3; No Change to Our FVE

While the biggest news out of narrow-moat Henderson Group this quarter has been its announced merger with narrow-moat Janus Capital Group, the company did report third-quarter AUM levels and flows that were an improvement on the second quarter, which was negatively affected by the Brexit vote. Total AUM increased 6.2% sequentially (and 23.8% year over year) to GBP 100.9 billion, driven primarily by market gains and favorable currency exchange. Retail net outflows of GBP 1.0 billion were an impro...
Underlying
Henderson Group plc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Ellis

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch