Henderson soft-closes Credit Alpha fund

clock

Henderson has soft-closed the near £1bn Henderson Credit Alpha fund due to liquidity constraints.

An initial charge of 2% was introduced on all investments from new clients on 18 November, the group said, following a climb in AUM to £869m. The group said it always intended to close the fund around the £1bn mark. The capacity of the fund, which is managed by Stephen Thariyan, Chris Bullock and Tom Ross, has been under discussion with clients continuously since its launch in 2007, Henderson added in a statement. "The main issue driving the capacity constraint is liquidity," the statement said. "The move to ‘soft close' the fund is being made in order to protect the interests of exis...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

UK and Germany to unveil 'landmark' agreement to boost defence exports
UK

UK and Germany to unveil 'landmark' agreement to boost defence exports

Billions of pounds in exports

Linus Uhlig
clock 17 July 2025 • 2 min read
Campaign group pushes for Leeds Reforms parliamentary inquiry and pause
UK

Campaign group pushes for Leeds Reforms parliamentary inquiry and pause

18-page open letter

Jen Frost
clock 17 July 2025 • 3 min read
'No difference in my view': Reeves LTAF-ISA decree not enough to force platforms to offer them
UK

'No difference in my view': Reeves LTAF-ISA decree not enough to force platforms to offer them

Retail platforms awaiting further rule change details

Eve Maddock-Jones
clock 16 July 2025 • 4 min read
Trustpilot