Future of Henderson hedge fund in hands of investors' vote

Investors in Hendersons fund of hedge funds vote on the future of the vehicle later this month. Shareholders in the Henderson Absolute Return Portfolio (Harp) investment company are to consider proposals for at least 75% of the vehicle's shares to be realised for cash at a minimum 97% of net asset value (NAV). Harp, a Guernsey-domiciled fund of hedge funds, is managed by John Husselbee, head of multi-manager at Hendersons. The trust board was presented with the proposals at an EGM on 8 August after receiving a requisition from major shareholder Carrousel Capital earlier this month. ...