Continuing its European expansion, UK asset manager Henderson Global Investors has opened an office in Madrid and appointed Alastair Seymour...

Continuing its European expansion, UK asset manager Henderson Global Investors has opened an office in Madrid and appointed Alastair Seymour as director of sales for Spain and Portugal to oversee its market entry. Mr Seymour joins Henderson from Merrill Lynch, having focused for the past few years on selling mutual funds to Spanish-speaking markets. He will head the office, with responsibility for implementing sales strategy for the development and co-ordination of all Henderson activities in Spanish markets involving the Henderson Horizon fund range. He will report to Giorgio Giovannini, who is responsible for Henderson’s southern European operations. Kate O’Neill, director of panEuropean distribution and hedge funds at Henderson, said: “Opening the Spanish office is another milestone in the development of our European presence. The success of the Spanish economy over the last decade has opened up many opportunities for Henderson and Alastair will play a key role in helping us to fully expand and develop our offering in the Iberian peninsula”. Henderson provides institutional, retail and high net-worth clients with access to a range of asset classes, including equities, fixed income, property and private capital, with over £63 billion (€91 billion) assets under management at 30 June 2006.