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HGG Henderson Grp

233.70
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Henderson Group Investors - HGG

Henderson Group Investors - HGG

Share Name Share Symbol Market Stock Type
Henderson Grp HGG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 233.70 01:00:00
Open Price Low Price High Price Close Price Previous Close
233.70 233.70
more quote information »

Top Investor Posts

Top Posts
Posted at 29/10/2015 08:04 by quepassa
Look like great Quarterly figures to me.

Fund outperformance very credible versus the market.

Inflows of funds very impressive.

Everyone took a hit on investments in the summer months where August and September were quite painful for most institutional investors.

But the snap-back recently in October has added a great deal of value back to the markets.

Seems to me that overall these are very encouraging figures indeed.

ALL IMO> DYOR.
QP
Posted at 09/9/2015 09:03 by quepassa
Page 11 from the Henderson September Investor presentation:-


Outlook – September 2015
• Flows “normalised221; in July and were slightly positive in August
• We remain cautious about the outlook for industry flows in 3Q15
• Henderson remains well positioned to outperform the market • Active investment management philosophy delivering excellent investment performance for clients • Increasingly diverse client base and product line • Growing brand recognition
• We remain focused on delivering our long-term goals




Very encouraging indeed in my view.

ALL IMO. DYOR.
QP
Posted at 26/2/2015 13:42 by quepassa
The Aussie buyers who got-rich-quick by picking up HGG stock last October did well, very well. They are doing a bit of profit-taking which is understandable.
So, some shares on the market which need taking up but in my view there is keen appetite for HGG.

Look at the volumes going through today. The big volumes being sold ( likely by the opportunistic October Aussie buyers ) is quickly being swallowed by other investors.

Citi and JPM Caz have a Price Target of 290p. I see that and higher.

ALL IMO> DYOR.
QP
Posted at 24/2/2015 08:27 by quepassa
High praise in The FT today for the impressive comeback in recent times of Henderson who report full figures tomorrow.

"... the figures are expected to confirm a turnround in their fortunes" and "..expected to show standout inflows from investors".

page 23 refers.

Fingers crossed for what I personally expect to be strong figures/profits/results tomorrow and hopefully for a significantly increased shareholder dividend which may help to further rerate Henderson alongside its peer group.

ALL IMO. DYOR.
QP
Posted at 30/10/2014 08:13 by quepassa
Very solid results and update from Henderson against a more challenging recent market.

Many economists are predicting a rotation by investors out of cash+ bonds and into equities in the coming months.

ALL IMO> DYOR.
QP
Posted at 30/6/2014 07:02 by leeson31
Henderson strengthens North American business with acquisition of Geneva Capital Management

30 June 2014

Henderson Global Investors ("Henderson", "the Group") has entered into an agreement to acquire the entire issued share capital of Geneva Capital Management ("Geneva"). Founded in 1987, Geneva has assets under management ("AUM") of US$6.3bn(1) in Mid- and Small-Cap US growth equities.

-- An important strategic milestone in the development of Henderson's North American business
-- Geneva will add US equity investment capabilities and extend US institutional client base

-- Initial consideration of US$130m; deferred consideration linked to revenue retention of up to US$45m; and growth-related earn-out of up to US$25m

-- Expected to be underlying earnings accretive in the first full year post acquisition.

North American business update

-- Henderson's North American business continues to grow rapidly, doubling its AUM since 2011(2)

-- In May 2014, the US Mutual fund range reached US$10bn for the first time, with net inflows of US$1.4bn in the year to date(3)

-- A US based institution awarded a significant new mandate to the Henderson Global Equity team in May 2014

-- Having joined in 2013, the US high yield team has achieved 2(nd) percentile investment performance in its first full year of operation. Investment grade expertise has been added to the team to expand Henderson's US and global credit platform

-- The acquisition of Geneva will enable Henderson to continue to build its North American business.

(1) As at 31 May 2014.

(2) From US$5.9bn as at 31 December 2011 (excluding assets transferred to TIAA Henderson Real Estate as part of the property related transactions completed on 1 April 2014) to US$12.0bn as at 31 May 2014.

(3) Five months to 31 May 2014.

Acquisition of Geneva Capital Management

-- Accelerates delivery of Henderson's strategy to grow and globalise its business

- Post acquisition, the North American business will have approximately US$18.3bn(4) of AUM, representing nearly 15% of the Group on a pro forma basis

-- Geneva's investment expertise in US growth equities fills an important capability gap for Henderson

- Geneva has a long track record in managing Mid- and Small-Cap growth equities, underpinned by a disciplined and consistent investment process

- The addition of Geneva will double Henderson's number of US-based investment professionals

-- The acquisition will transform Henderson's North American presence, bringing proven institutional distribution capabilities to complement Henderson's successful retail franchise

- The acquisition will quadruple Henderson's US institutional AUM(5)

- It will create a well-balanced client base, split broadly equally between retail and institutional

-- Geneva's principals have signed long-term employment contracts and have agreed to reinvest at least 30% of net sale proceeds into Geneva products

-- There is a strong cultural fit between the two firms and Geneva principals will become valued members of Henderson's equity and North American management teams

-- Over time, the transaction creates opportunities to build new products with US content (e.g. Global Small-Cap and US All-Cap); launch new US equity retail products; and market Henderson capabilities more actively to US institutions.

(4) Based on Henderson US AUM as at 31 May 2014 and Geneva AUM as at 31 May 2014.

(5) To around US$8bn.
Posted at 15/1/2014 07:20 by quepassa
An outstanding Trading Update from sector comparator Jupiter Fund Management today.

The last quarter to December 31st 2013 for Jupiter brought in net inflows of £half-a-billion plus. This is further bolstered by market gains of £1.26 billion.

This is in stark contrast to the weak figures yesterday from less credible Ashmore.

The strong Jupiter results plus very positive outlook from Jupiter bode well in my view for Henderson.

Jupiter mention:-

"we are confident we can continue to deliver profitable growth at attractive margins and, within our sustainable balance sheet structure, share the rewards of this growth with our investors."

This market feed-back hopefully provides a reliable read-across and bodes well for the performance of Henderson.

It also shows that Jupiter wish to share the rewards with investors which I personally interpret as a strong likelihood of a notable increase in dividend.

Henderson will be taking note of what their competition are doing and saying.

Further potential increases in dividend by Henderson will undoubtedly underpin and further boost their share price.

ALL IMO. DYOR.

QP
Posted at 07/3/2013 15:10 by quepassa
The buoyant outlook in their full-year results by sector leader Schroders points the way.

"In the first two months of the year equity markets have extended their strong showing as investors have continued to switch funds from low-yielding cash and bonds...."

Extract from Schroders' results, the full version is worth reading.

A rising tide lifts all boats, including the one named Henderson which with renewed strategy and focus should fare well in a more encouraging investment climate

ALL IMO. DYOR.

DYOR.

QP
Posted at 05/5/2011 15:48 by nellie1973
Tipped in press:

Henderson Group's first-quarter trading statement had no real surprise for investors yesterday. Assets under management of £60.5bn at the end of the period were 1.9% down from the quarter before. In the volatile markets of the first quarter, that performance was solid with decent flows into the company's absolute return funds and retail funds. The main news was the Henderson is pressing ahead strongly with integrating Gartmore, the rival manager It bought last month. Buy.

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