AusSuper picks up Henderson stake

ASX amp funds management australian securities exchange cent fund manager

26 August 2013
| By Staff |
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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. 

Until 2003 Henderson was under the umbrella of AMP Limited.

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