Henderson poaches Aberdeen manager to head up Asia team

Henderson Global Investors has hired Aberdeen’s Andrew Gillan to head up its Asia ex-Japan equities team as part of its global expansion strategy, Investment Adviser can reveal.

Mr Gillan will be based in Singapore, where he will take over as lead manager of the £200m Henderson Asia Pacific Capital Growth fund and the $33m (£20.5m) Henderson Horizon Asian Growth fund.

The existing managers of these funds - John Crawford and Marc Franklin - will remain at the firm.

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Mr Gillan’s hire is part of Henderson’s high profile efforts to expand into global markets, with Asia a particular focus.

“We have long-expressed our intention to build out our business internationally, particularly in Asia and the US,” Graham Kitchen, head of equities, said.

“Andrew has built up an enviable track record. Having spent over 10 years in Singapore, he is the ideal person to lead our build out there.”

“In addition, and in keeping with our desire to increase our ‘on the ground’ investment talent, we will also be moving a number of our Asian equity analysts to Singapore in the New Year,” he added.

The appointment comes following news last month that the company had hired Rob Gambi as chief investment office, who starts next year, to “focus on the leadership and development of Henderson’s investment capabilities globally, including its growing resources in the US and Asia.”

Mr Gillan left Aberdeen Asset Management after 12 years at the company, Investment Adviser revealed earlier today.

He was a senior investment manager on Hugh Young’s successful Asian equities team based in Singapore and managed the £626.9m Edinburgh Dragon, the UK’s largest Asian (ex-Japan) investment trust.

The trust will now be run by Adrian Lim, who Aberdeen said had been a co-manager with Mr Gillan on the product. A spokesperson for Aberdeen said the group would be looking to appoint another manager from within the existing team to work with Mr Lim on the trust.