HGG.L Share News (HGG)

UK asset managers breath sigh of relief after 'benign' FCA probe

(ShareCast News) - The financial watchdog is planning a tougher clampdown on UK asset management companies as it feels the sector has enjoyed big profits for many year by not competing very hard on prices and fees, though analysts said the industry will breathe a sigh of relief at the lack of bite f

Friday newspaper share tips: Henderson Group, Relx

(ShareCast News) - Should I stay or should I go? In the case of investors in Henderson Group mulling whether to bail-out ahead of the proposed merger with Janus Capital, The Times´s Tempus recommended the former option. True, there was little prospect of a rival bid making an appearance and just

Henderson reports Q3 retail outflows on Brexit

(ShareCast News) - Henderson Group reported a 6% rise in assets under management in the third quarter, but retail outflows of £1bn, which it said coincided with the UK's vote to leave the European Union. Assets under management at the end of September were £100.9bn compared to £95bn at the end of Ju

FTSE 100 movers: ITV, Legal&General lead declines

(ShareCast News) - ITV shares were at the bottom of the pile after analysts at Barclays lowered their target price on the stock from 200.0 to 190.0p. Fashion retailers were also weak, tracking the 1.04% drop in the pound against the US dollar after the Prime Minister committed herself at the weekend

FTSE 250 movers: Henderson and Evraz rocket

(ShareCast News) - Henderson Group lit a fire under listed fund managers after agreeing to a $6bn tie-up with US-based rival Janus Capital, alongside a proposal to cancel the company's FTSE 250 listing, although the Australian listing will be kept. Combined, they will have more than $320bn assets un

LONDON MARKET MIDDAY: Solid Factory Orders As UK Set For 'Hard Brexit'

LONDON BRIEFING: Henderson Group To Form Mega Asset Manager With Janus

Henderson and Janus Capital agree $6bn merger, cancelling LSE listing

(ShareCast News) - Henderson Group has agreed a $6bn "merger of equals" with New York-listed fund management peer Janus Capital, with a proposal to cancel the FTSE 250 company's London listing. The combination, which will create a company with more than $320bn assets under management when it complet

UK Dividends Calendar - Next 7 Days

Henderson Group talks up strength in interim results

(ShareCast News) - Henderson Group published its interim results for the six months to 30 June on Thursday, with assets under management up 3% to £95.0bn when compared to the start of the period. The FTSE 250 firm said net outflows over the six months were £2.0bn, with underlying profit before tax o

Henderson Group Interim Profit Falls As Brexit Causes Net Outflows

UK Earnings, Trading Statements Calendar - Next 7 Days

Broker tips: Vodafone, Admiral, Henderson

(ShareCast News) - Vodafone Group was given a boost on Wednesday after Deutsche Bank reiterated a 'buy' rating and lifted its target price to 310p from 300p. Ahead of Vodafone's first quarter interims on Friday, Deutsche Bank said the company continues on an "improving growth path" in Europe with bo

Henderson slumps on RBC downgrade

(ShareCast News) - Henderson Group's shares fell on Wednesday as RBC Capital downgraded its rating on the stock to 'underperform' from 'sector perform' and lowered its target price to 210p from 270p. RBC said while it believes the investment management company remains a well-managed business, its cu

Wednesday broker round-up

(ShareCast News) - Centrica: Berenberg reiterates buy with a target price of 230p. Rio Tinto: Deutsche Bank maintains buy with a 3160p target. IG Group: RBC reiterates sector perform with a 865p target. SSP: JP Morgan stays at overweight with a 358p target. Vodafone: Deutsche Bank reiterates buy