Gartmore

Henderson is to soft-close Ben Wallace and Luke Newman's Henderson UK Absolute Return OEIC and Henderson Gartmore UK Absolute Return SICAV.

Richard Pursglove has joined Goldman Sachs Asset Management (GSAM) as head of the UK third party distribution business in a bid to expand sales among discretionary managers and fund of funds.

Former Gartmore fund manager Guillaume Rambourg is set to launch his own hedge fund venture in Paris, without ex-colleague Roger Guy, according to reports.

Fidelity has confirmed Eden Financial's Dan Roberts is joining to launch a global equity income fund when he lands in November.

Eden launches UK Select Opportunities fund for former Gartmore head of UK equities

Eden Financial's Leigh Himsworth has ruled out the prospect of buying into any of the UK's five banks after launching his £10m UK Select Opportunities fund.

Henderson is to close the offshore version of Charlie Awdry's China Opportunities fund following a redemption from a significant shareholder.

Henderson made a pre-tax loss of £3.1m in the six months to 30 June, compared to a £41.6m profit in the first half of the year, partly due to Gartmore-related expenses.

HOW CHINA HAS FARED IN SELL-OFF

Henderson has managed to retain 91% of the assets it took on with the acquisition of Gartmore, reporting an outflow of £438m from Gartmore funds in the first half of the year.