Hendersons launches Diversified Income fund

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Henderson Global Investors is to launch a Jersey-domiciled, closed-end fund investing in fixed incom...

Henderson Global Investors is to launch a Jersey-domiciled, closed-end fund investing in fixed income assets. Investments will include secured loans, asset-backed securities, high yield corporate bonds and investment grade bonds, with a small proportion invested in derivatives. The Henderson Diversified Income fund will be managed by John Pattullo and Jenna Barnard, with Julian Green responsible for secured loans investments. The London-listed product will target an initial minimum annual yield of 7% based on the offer price of 100p from a diversified portfolio of predominantly UK and...

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