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Henderson To Merge Gartmore MM Funds
Henderson Global Investors will merge three multi-manager funds from Gartmore into its own range.
Henderson Global Investors will merge three multi-manager funds from Gartmore into its own range, Investment Week reports. The group has proposed to combine the Gartmore Multi-Manager Active fund with Henderson’s own active portfolio.
The firm also plans to merge the Gartmore Balanced and Gartmore Cautious funds with the Henderson Multi-Manager Managed and Income & Growth portfolios respectively. Henderson has promoted Chris Forgan, Helen Bradshaw and Paul Craig to work as co-managers across the range with Gartmore managersTony Lanning and Bill McQuaker.
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