8th Sep 2015 07:11
LONDON (Alliance News) - Henderson Group PLC on Tuesday told analysts and investors that fund flows "normalised" in July and were "slightly positive" in August.
According to presentation slides published as part of the asset manager's Australian investor roadshow, Henderson remains "cautious" about the outlook for overall industry flows in the third quarter.
The company said it is "well positioned" to outperform the market, citing an active investment management philosophy, increasingly diverse clients and products, and growing brand recognition.
Henderson shares were up 1.1% at 246.30 pence in London shortly after the open on Tuesday.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
HGG.L