Henderson to change the name of the Global Strategic Capital unit trust and overhaul its mandate following the departure of manager Paul Craig.
The fund will be renamed the Henderson Multi-Manager Global Select fund next month, subject to FCA approval, and its investment policy will also change.
The renamed vehicle will invest predominantely in open and close-ended funds, and ETFS, on a global basis. Previously, the fund invested principally in close-ended funds.
Former fund manager Paul Craig joined Old Mutual in May, after the group agreed a deal to buy up Henderson's remaining stake in Intrinsic's investment company Cirilium.
The fund is now managed by Bill McQuaker's multi-manager team.
In a note to investors, Henderson said: "These changes make the fund consistent with the management approach taken with the rest of the Henderson multi-manager range of funds.
"We believe they should bring long term benefits to investors whilst maintaining the original investment objective (to achieve capital growth from investing globally) and the risk profile of the fund."
Subject to approval from the Financial Conduct Authority, the change will take place on 11 August.The fund will also change from being dual priced to single priced.
