Henderson has had a presence in Australia since 1998 when it was acquired by AMP Asset Management and integrated with the firm’s UK and Australasian business as Henderson Global Investors.
In December 2003, the business was de-merged, and AMP retained the Australian and New Zealand investment management operations, while the UK, European, North American and Asian operations became the HHG Group, with a dual UK/Australian listing.
Henderson said it now wants to develop a “pure fund management business” in Australia, as part of a strategy to grow its footprint in high-value markets in the Asia Pacific region, including China, Japan and Australia.
Adams will be responsible for developing and directing the business strategy and Henderson said it will make a number of further new hires “in due course”.
Chief executive Andrew Formica said: “Henderson has an extensive history in Australia and a supportive shareholder base. It has long been part of our strategy to grow our global presence by building out into this key market. To do this well requires a clear commitment to on the ground local knowledge and experience. Rob has a great track record both in terms of experience in the industry and also in building and running successful businesses. We will provide him with the infrastructure, support and investment which will enable him to build a strong business.”
