Henderson global investors expanded its offering of absolute return products with the launch of the Henderson Gartmore global equity market neutral fund. The SICAV fund domiciled in Luxembourg seeks to achieve positive absolute returns and low volatility, regardless of the development of the stock markets.
The strategy of the new fund follows a “best-ideas” approach combining the best long/short ideas of selected Henderson equity investment teams.
The best way to capture the expertise and skill of the individual fund managers is to ensure that the desired returns can be achieved regardless of the development of the overall market. The selection of the investment teams included in the new fund is made by an independent body.
Greg Jones, managing director of EMEA distribution said, “The launch of the new fund reflects our customers’ demand for an absolute return strategy with low volatility. The isolated use of the specific expertise of experienced fund managers through the formation of pair trades offers a significant potential to generate alpha for our customers. In the interest of a market-neutral strategy, we expect a minimal exchange-rate correlation with the stock markets. ”