Henderson to cut roles in cost-cutting drive

Henderson is planning to cut more jobs before the end of the year in a bid to make its business more efficient.

The fund manager is understood to be making cuts across the business, but is also adding roles where it sees client demand.

A spokeman for Henderson says: “As we said in our Interim Management Statement on November 1 our strict cost discipline allows us to invest in core areas of the business.

“So, whilst there are likely to be headcount reductions in some parts of our business we will also continue to invest in other areas where we see future client demand.”