Structured Product Loss Erodes Henderson Profits

27 Feb 2009

Losses in a seed stake in one of its structured products help send Henderson Group to a GBP97.3 million (USD139.35 million) loss in 2008.

Losses in a seed stake in one of its structured products help send Henderson Group to a GBP97.3 million (USD139.35 million) loss in 2008. The London-based investment firm said the structured product loss amounted to GBP7.2 million. CEO Andrew Formica explained that the structured product vehicle is still ...

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