Henderson offshore launch targets 7pc yield

The Henderson Diversified Income vehicle, domiciled in Jersey but listed in London, will be managed jointly by John Pattullo and Jenna Barnard. It will purchase secured loans, asset-backed securities and various bonds to achieve its yield. It will also have the option to go into derivative instruments in order to protect and enhance the fund’s income and total return. Working alongside Patullo and Barnard, who head up Henderson’s fixed income team and manage a range of products including the Henderson Preference and Bond, Henderson Strategic Bond and offshore Horizon Strategic Yield f...