Henderson SRI team set to leave business

Henderson’s socially responsible investment (SRI) team of six members of the team are set to leave, with their funds passed to other mangers at the firm.

The group currently manages a range of four funds – the Henderson Global Care Growth, Henderson Global Care Managed, Henderson Global Care UK Income and Industries Of The Future fund.

The funds are currently managed by George Latham and Tim Dieppe. They are set to leave at the end of the year. Other research analysts affected include Seb Beloe, My-Linh Ngo, Bridget Boulle and Hyewon Kong.

The three global funds are set to be managed by the global equity team and the industries of the future fund is set to be managed by the value and income team.

A Henderson spokeswoman says: “Members of the SRI team at Henderson have been provisionally identified as at risk of redundancy as Henderson has decided no longer to have a separate team to manage SRI funds. The team is currently exploring a range of options and remains in conversation with Henderson in this regard. In the meantime, George Latham, head of SRI funds and Tim Dieppe, SRI fund manager will remain in place at Henderson until the end of the year.”