IN connection with the launch of Henderson Diversified Income Limited, the placing and offer of subscription have been closed.
An aggregate of 40,500,000 ordinary shares in the company will be issued at a price of 100p each. An application has been made for the ordinary shares in the company to be admitted to the Official List in order to start trading on the London Stock Exchange. Head of Investment Trusts, James de Sausmarez, said: “We are pleased to have successfully launched this fund given the extremely difficult credit market conditions. "We believe Henderson Diversified Income is an ideal vehicle for investors concerned about stock market volatility. He added: “The recent widening in credit spreads pro...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
