Asian Property and income vehicles to be domiciled in Luxembourg and given distributor status in the UK
Henderson Global Investors is to add two funds to its offshore Horizon range with the launch of Asian Income and Asian property share vehicles. Both will be Luxembourg-domiciled Sicavs with distributor status for the UK market. The first launch, the Henderson Horizon Asia-Pacific Property Equities fund, will be managed out of Singapore by Chris Reilly. The Asian Income fund will launch at the beginning of January 2006, although the group is yet to choose a manager for the vehicle. It will aim to pick up the growing theme of higher dividend payments from Asian companies. The group has alr...
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