Henderson Global Investors has launched a SICAV mirror version of its £680m Global Equity Income fund.
The Henderson Horizon Global Equity Income fund will be managed by Andrew Jones and Ben Lofthouse, as well as head of global equity income Alex Crooke, in keeping with the onshore fund's management structure.
The Luxembourg-domiciled fund will be available in euro and US dollar share classes, and will typically hold between 50 and 80 positions.
Crooke said: "Increasingly, companies across the world are recognising the need to pay dividends. A global approach to income investing brings real diversification benefits, access to quarterly income and capital growth over the long term.
“We have a closely integrated global equity income team that is well suited to bottom-up stock-picking and searching for undervalued, unloved and underappreciated companies. The SICAV will be a real benefit to investors that prefer the offshore equivalent.”
