News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Henderson plots a US acquisition

Asset manager announces a rise in pre-tax profits in 2013, which boosted managers' pay last year

Henderson Group chief executive Andrew Formica has said he wants to buy a US asset management business, as the group announced a strong performance in its 2013 results.

"We are interested in acquiring an equity business in the US managing between $15 billion and $20 billion," he said. Henderson already has a US corporate credit business, developed last year following hires.

WSJ Logo