Henderson suffers 'significant' outflows in 2011

Henderson Group, the fund manager with listings in Australia and the UK, says its acquisition of Gartmore in 2011 boosted income but that outflows during the year were 'significant'.

Henderson Group, the fund manager with listings in Australia and the UK, says its acquisition of Gartmore in 2011 boosted income but that outflows during the year were 'significant'.

Underlying profits before tax were £159.2m, although when the Gartmore transaction, and other items, are taken into account, basic profit before tax fell to £13m.

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