Chris Vellacott, Reuters, January 12, 2011
Anglo-Australian funds house Henderson is buying rival Gartmore, to create one of Britain's largest fund managers, closing the book on Gartmore's troubled year as a public company.
Henderson said many of Gartmore's most-prized fund managers, controlling 84 percent of its assets, will stay on with the enlarged group, which will have 78 billion pounds under management after adding on Gartmore's 16.5 billion pounds.
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