Henderson swings to net outflows, though AUM improves
9th Feb 2017 08:10
(ShareCast News) - Henderson Group published its full year results for the year to 31 December on Thursday, with assets under management at year-end up 10% to £101.0bn. The FTSE 250 company reported net outflows for the year of £4.0bn, compared to £8.5bn net inflows in 2015, with underlying profit b
Read moreTuesday broker round-up
31st Jan 2017 08:55
(ShareCast News) - Whitbread: HSBC reiterates Buy with a target price of 4800p Ashmore Group: Goldman Sachs reiterates Buy with a target price of 370p. Vodafone: JPMorgan reiterates Overweight with a target price of 193p. Ferrexpo: JPMorgan upgrades to Overweight with a target price of 205p. Virg
Read moreHenderson confirms it will pay first-quarter dividend
24th Jan 2017 14:35
(ShareCast News) - Ahead of their agreed merger, Henderson Group and Janus Capital have both confirmed they will pay their shareholders an extraordinary dividend After Janus announced its intention on Tuesday to pay a first-quarter 2017 dividend to its shareholders prior to the closing of the merger
Read moreUK asset managers breath sigh of relief after 'benign' FCA probe
18th Nov 2016 07:46
(ShareCast News) - The financial watchdog is planning a tougher clampdown on UK asset management companies as it feels the sector has enjoyed big profits for many year by not competing very hard on prices and fees, though analysts said the industry will breathe a sigh of relief at the lack of bite f
Read moreFriday newspaper share tips: Henderson Group, Relx
28th Oct 2016 15:34
(ShareCast News) - Should I stay or should I go? In the case of investors in Henderson Group mulling whether to bail-out ahead of the proposed merger with Janus Capital, The Times´s Tempus recommended the former option. True, there was little prospect of a rival bid making an appearance and just
Read moreHenderson reports Q3 retail outflows on Brexit
27th Oct 2016 08:40
(ShareCast News) - Henderson Group reported a 6% rise in assets under management in the third quarter, but retail outflows of £1bn, which it said coincided with the UK's vote to leave the European Union. Assets under management at the end of September were £100.9bn compared to £95bn at the end of Ju
Read moreFTSE 100 movers: ITV, Legal&General lead declines
3rd Oct 2016 17:15
(ShareCast News) - ITV shares were at the bottom of the pile after analysts at Barclays lowered their target price on the stock from 200.0 to 190.0p. Fashion retailers were also weak, tracking the 1.04% drop in the pound against the US dollar after the Prime Minister committed herself at the weekend
Read moreFTSE 250 movers: Henderson and Evraz rocket
3rd Oct 2016 16:20
(ShareCast News) - Henderson Group lit a fire under listed fund managers after agreeing to a $6bn tie-up with US-based rival Janus Capital, alongside a proposal to cancel the company's FTSE 250 listing, although the Australian listing will be kept. Combined, they will have more than $320bn assets un
Read moreHenderson and Janus Capital agree $6bn merger, cancelling LSE listing
3rd Oct 2016 07:06
(ShareCast News) - Henderson Group has agreed a $6bn "merger of equals" with New York-listed fund management peer Janus Capital, with a proposal to cancel the FTSE 250 company's London listing. The combination, which will create a company with more than $320bn assets under management when it complet
Read moreHenderson Group talks up strength in interim results
28th Jul 2016 12:46
(ShareCast News) - Henderson Group published its interim results for the six months to 30 June on Thursday, with assets under management up 3% to £95.0bn when compared to the start of the period. The FTSE 250 firm said net outflows over the six months were £2.0bn, with underlying profit before tax o
Read moreBroker tips: Vodafone, Admiral, Henderson
20th Jul 2016 12:16
(ShareCast News) - Vodafone Group was given a boost on Wednesday after Deutsche Bank reiterated a 'buy' rating and lifted its target price to 310p from 300p. Ahead of Vodafone's first quarter interims on Friday, Deutsche Bank said the company continues on an "improving growth path" in Europe with bo
Read moreHenderson slumps on RBC downgrade
20th Jul 2016 09:35
(ShareCast News) - Henderson Group's shares fell on Wednesday as RBC Capital downgraded its rating on the stock to 'underperform' from 'sector perform' and lowered its target price to 210p from 270p. RBC said while it believes the investment management company remains a well-managed business, its cu
Read moreWednesday broker round-up
20th Jul 2016 09:29
(ShareCast News) - Centrica: Berenberg reiterates buy with a target price of 230p. Rio Tinto: Deutsche Bank maintains buy with a 3160p target. IG Group: RBC reiterates sector perform with a 865p target. SSP: JP Morgan stays at overweight with a 358p target. Vodafone: Deutsche Bank reiterates buy
Read moreThree more property funds titans freeze redemptions
6th Jul 2016 16:31
(ShareCast News) - Henderson Global Investors, Canada Life and Columbia Threadneedle have joined the queue of property funds suspending trading amid acute Brexit fears, lining up behind Aviva, M&G and Standard Life. "Over half of the property fund sector is now on ice, and will remain so until manag
Read moreHenderson Group suspends dealings in property fund
6th Jul 2016 16:09
(ShareCast News) - Henderson Global Investors reportedly suspended dealings in a £3.9bn UK property fund, becoming the fourth financial outfit to do so this week. As of 16:09 BST shares in the FTSE 250-listed outfit were slipping 1.95% lower to 196p, alongside a fall in cable of 0.99% to 1.2892. --
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