Henderson Group has posted an underlying profit before tax from continuing operations of £90.7m for the first half ended 30 June 2014, a marginal rise of 2.48% compared to £88.5 million a year earlier.
The group’s assets under management swelled 10% to £74.7 billion from £67.9 billion at the end of June 2013.
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For the first six months of 2014, net inflows were £5 billion compared to £1.4 billion in the corresponding half of 2013.
Diluted continuing underlying earnings per share (EPS) was 6.8p versus 7p as of 30 June 2013.
Commenting on the results, Henderson chief executive Andrew Formica said: "Our strong performance in 2013 continued into the first half of 2014. Investment performance remains good across all of our client assets; we have delivered record net inflows in the period of £5 billion and we are gaining market share in our major markets.
"We have also made great strides on a number of fronts in the first half of 2014 towards delivering on our strategy. We are starting to see early results from some of our previous investments, including mandate wins for our Global Equities strategy and excellent first year performance from our US high yield team.
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By GlobalData"Markets are currently fairly benign and we continue to see good levels of client activity. The outlook for our business remains strong," Formica added.
