Henderson Global Investors has finally come up with the right package to entice Paul Kleiser and Stuart O'Gorman away from Scottish Equitable Asset Management to head up the technology team.

Kleiser and O'Gorman turned down Henderson's first offer, and the investment company, owned by AMP in Australia, had to come back with some amendments. Iain Clark, chief investment officer at Henderson, explained that the main issue, particularly for 55-year-old Kleiser, is one of location.