Global asset manager Henderson has lifted its first half profit but says the industry's ability to attract new funds could be affected by lingering nervousness among investors.
Global equity markets have been rocked in recent months amid concerns about the Greek financial crisis and hefty falls on China's mainland stock markets.
Henderson chief executive Andrew Formica says that while the asset manager, which was spun off from financial services giant AMP in 2003, was upbeat about the outlook for investment markets, there were some concerns.
"We remain relatively positive on the market outlook, but are conscious that lingering investor caution during the northern hemisphere summer could affect flows across the industry in the third quarter," he said on Thursday.
Henderson, which has a dual listing in Australia and the UK, lifted its underlying first half profit 29 per cent to STG117.4 million ($A251.07 million) in the six months to June 30.
Assets under management rose 10 per cent to STG82.1 billion, with net cash inflows rising 12 per cent to a record STG5.6 billion.
However, Henderson's net profit more than halved to STG90.6 million because of significant items associated with the sale of its global property assets.
Henderson recently expanded its Australian operations with the acquisition of Perennial Fixed Interest Partners and Perennial Growth Management from IOOF Holdings for more than $70 million.
The company's shares closed 3.5 cents lower at $5.625.
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