Henderson's Wagstaff: 'Acquisitions are in our DNA and we will almost certainly buy something else in next five years'

New Star, Gartmore, a US asset manager and a trio of Australian boutiques - Henderson Global Investors has been a major participant in the asset management industry's consolidation trend over the past decade, and the group is not stopping there. Halfway through its five-year plan to become a "truly global" asset manager, which has already seen AUM jump from £64bn to £92bn, the group now offers an array of products spread across asset classes, targeted at retail and institutional clients in the UK and increasingly overseas. Phil Wagstaff, global head of distribution who recently was ap...