AusSuper picks up Henderson stake

26 August 2013
| By Mike |
image
image
expand image

Australia's largest superannuation fund, Australian Super,  has picked up more than 5 per cent of the shares in United Kingdom-based investment house Henderson Group.  

The Australian Super shareholding was announced to the Australian Securities Exchange today via a pro forma statement that the big super fund had picked up 5.92 per cent of the shares in Henderson, which has recently announced a strategy to expand its interests in Australia.  

The company recently announced the opening of an office in Sydney and acquired a 33 per cent interest in boutique fund manager 90 West Asset Management.  

The company has signalled its intention to have $10 billion in assets under management by 2018.  

Henderson was until 2003 under the umbrella of AMP Limited. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

1 day 14 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

1 day 14 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

1 day 15 hours ago