Henderson Group (HGG) was buoyed by demand for its European and global equity strategies from retail investors on both sides of the Atlantic. The introduction of quantitative easing in Europe lured savers out of cash and back to the equity markets, while US investors looking for returns in a low-rate environment bought global growth and income stocks outside of their home market.
This contributed to £5.6bn-worth of net inflows for the period (from £5bn in the first half of 2014). As a result, assets under management increased by 10 per cent year on year to just over £82bn at the end of June. Chief executive Andrew Formica was particularly bullish about Henderson's US distribution, saying the company was "just scratching the surface" with its three equity strategies. Henderson has a range of funds coming up to the three-year track record mark needed to sell them effectively.