Henderson adds specialist fund to Horizon range

Set for launch on December 3, the Henderson Horizon Global Financials fund will be a concentrated portfolio of best ideas. It is a sophisticated UCITS III fund with a focused and balanced portfolio of 20-40 stocks and will be managed by Martin Kinsler. It is the latest specialist fund in the Horizon range, following the property equities, technology and smaller companies funds, and the recently launched Asian Dividend Income fund. Kinsler said: "Financials as a group are coming under severe pressure due to the concerns post the sub-prime collapse. "This indiscriminate sell-off has l...