Hedge fund vehicle from Henderson

Henderson Global Investors has launched a new fund of hedge funds vehicle that will invest in a range of the group's own hedge funds. Run by Bill McQuaker, who runs the group's £600m retail multi-manager range, the Henderson Target Return fund is aimed at institutional investors, high net worth clients, private banks and family offices. The fund has a minimum investment of $100,000 (£52,000) and will look to achieve absolute returns for investors while keeping volatility to an acceptably low level. By investing in Henderson's nine-strong range of hedge funds, three of which are closed to ...