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Uplift at Henderson sparks CEO bonus spike

Asset manager considers rare bond issue

Improvements in performance at UK asset manager Henderson Global Investors over the past year helped chief executive Roger Yates win a bonus of £1.8m (€2.6m), close to the maximum available. His total pay package was £2.52m, up 33% on 2005.

The bonus is based on factors such as operating profit, which rose 30% last year, the group's cost-to-income ratio, which improved to 72.6%, and investment performance, which has been strong in retail funds and "steady" in the institutional business.

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