The official statement is that members of the SRI team “have been provisionally identified as at risk of redundancy as Henderson has decided no longer to have a separate team to manage SRI funds”.
The team is currently led by George Latham, head of SRI funds, and SRI fund manager Tim Dieppe both of who will remain with the company until the end of 2011.
The rest of the team is, officially, “exploring a range of options and remains in conversation with Henderson in this regard.”
The range as it stands now is the Henderson Global Care Growth, Global Care Managed, Global Care UK Income and Industries of the Future funds. They will continue to be run on an SRI basis, using a green screen with research from EIRIS providing a long list of stocks to then choose from.
While it has not been confirmed exactly which team will manage them, it would not come as a surprise for the global funds to be run by director of global equities Neil Rogan’s team; the UK Income proposition will come under the remit of Graham Kitchen, head of UK equity.
