Henderson rolls-out latest fixed income vehicle

The fund mirrors the offshore Henderson Horizon Absolute Return Fixed Income fund and complements both the SICAV and global fixed income absolute return fund. Managed by fund manager Daniel Beharall, the new offering is a UCITS III vehicle which aims to produce positive absolute returns, targeting LIBOR plus 250 basis points. To launch on August 8, the fund will typically have between 70-100 holdings and generate alpha from interest rates, emerging market debt, currency and credit. Beharall will run the portfolio by selecting ideas generated by a team of over 55 fixed income professiona...