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Henderson takes a flows hit on merger changes

But fund manager presents a picture of flows improving from a New Year low in its final results before its merger with Janus Capital

Henderson takes a flows hit on merger changes

Henderson Global Investors took a hit to its assets in the first quarter of the year from a restructuring of its global equities team, tied to its planned merger with Denver-based Janus Capital.

The Anglo-Australian fund manager said in a statement on Wednesday, April 19, that net outflows across its business amounted to almost £1.8 billion in the first quarter.

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