Hendersons to target Sipp and SSAS markets

Henderson Global Investors is to offer its managed income multi-fund product outside an Isa wrapper ...

Henderson Global Investors is to offer its managed income multi-fund product outside an Isa wrapper for the first time to target the Sipp and SSAS markets. The product consists of eight of the group's income generating funds, with asset allocation between them managed by head of retail fixed interest John Sharman. Producing an income of around 7.5%, the underlying funds consist of the Henderson Corporate Bond, European High Yield, UK Gilt, Long Dated Corporate Bond, Long Dated Gilt, Overseas Bond, Preference & Bond and Index Linked Bond funds. The Isa product was launched in September l...