Gartmore

Henderson's Simon Hillenbrand has said the group is looking to emerging markets and global equity income as key areas of focus for its five-year growth strategy.

Former Gartmore manager Guillaume Rambourg has launched his first long-only European equity fund for new venture Verrazzano Capital.

Bond fund manager John Anderson is set to leave J.P. Morgan (JPM) after being told his future at the group remains uncertain.

Schroders today announced it is in talks with Cazenove Capital about a potential takeover of the group, as the FTSE 100 giant moves to fill a Richard Buxton-shaped hole in its UK equity desk.

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FUND SELECTION

Arno Kitts, co-head of global distribution at Henderson Global Investors, has left the firm by mutual consent.

The board of John Bennett's Gartmore European trust has outlined proposals to revamp the portfolio, including slashing holdings by 50% and renaming the trust.

Henderson saw £692m of net outflows from its retail range and £254m from the acquired Gartmore funds in Q3 with market uncertainty hitting sales.

The former global head of distribution at Gartmore, Phil Wagstaff, is set to join Skandia Investment Group (SIG) as CEO.