► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Henderson Group has bought two Australian firms with £5.5bn of assets under management and increased its stake in a third. Lex’s Robert Armstrong and Oliver Ralph discuss whether this is an expensive play in an expensive market.<br /><br />► The State of Bond Liquidity: http://bit.ly/1HXqn0E<br /><br />► FT Markets: http://bit.ly/1J5HNd3<br /><br />► FT World News: http://bit.ly/1Exp0iJ
