The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Henderson Investors: Lay-offs? What lay-offs?

Author: Julian Marshall & Julie Dalla-Costa

They say there are always two sides to every story. Trying to get your facts straight from Henderson Investors fully confirms this.

On the one hand, here's an extract from an email from one of Henderson's former fund managers: "I've been made redundant as part of a large scale redundancy programme".

On the other, there's this response from Henderson's press office: "I can tell you categorically that nobody has been made redundant."

Rather as Peter denied any acquaintance with Jesus three times before the cock crowed, Henderson's press officer denies and denies and denies again that anyone has been asked to leave.

Then how does that explain the following voicemail left on a former Henderson fund manager's phone: "This is [name withheld]. I have been made redundant from Hendersons."

So back we go to the press office. Are you sure you aren't culling your equities teams, specifically in UK, US and emerging markets?

"Well, no redundancies have been made," says the spokesman. "Basically it's part of a wider restructuring programme that's affecting the whole business through and through. We essentially are streamlining the business to become more efficient due to the markets.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree