Henderson Global Investors plans to unveil a mutual fund targeting the institutional market on January 31. The Henderson International Equity Fund is the first mutual fund from Chicago-based Henderson that is aimed at that market. Dan McDonough, who heads up Henderson's institutional business in North America, called the new product "the next evolution in the continuing build-out of our products for the U.S. institutional marketplace."

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Company Press Release

CHICAGO--(BUSINESS WIRE)--Henderson Global Investors, the $123.5 billion investment management company, today announced plans to launch a mutual fund for institutional investors. The Henderson International Equity Fund*, to be made available on January 31, 2008, will be the first product in the Henderson Global Fund family for the U.S. institutional marketplace. The Fund will follow an All Cap strategy focusing primarily on the developed markets of Europe, Australasia and the Far East (EAFE). Selective investments may also be made in emerging markets.

“Henderson has been serving institutional investors in the U.S. since 1991 and today offers a wide range of products and strategies,” said Dan McDonough, head of institutional business development in North America. “The launch of this Fund is the next evolution in the continuing build-out of our products for the U.S. institutional marketplace.”

The Fund will follow a bottom-up EAFE All Cap Growth at a Reasonable Price (GARP) strategy, and aims to achieve long-term capital appreciation through investments in equities of non-U.S. companies. The minimum investment is $1 million, and the Fund will be managed by a team of portfolio managers, including Manraj S. Sekhon, Yu-Jen Shih, Iain Clark, Simon Savill and Yun-Young Lee.

About Henderson Global Investors

Henderson Global Investors is a global investment management company, providing a wide range of investment products and services to institutions and individuals in Asia, Europe and North America. Henderson manages over $123.5 billion (as of June 30, 2007) in assets and employs approximately 980 people worldwide.
 

Edited by: Armie Margaret Lee


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