Henderson Global Investors is launching a European Absolute Return Fund for private banks, institutions, and high net worth individuals.
The fund will be run by Henderson European equities director Stephen Peak, who has managed the TR European Growth investment trust since 1990.
Domiciled in the Cayman Islands, the fund will be listed on the Irish Stock Exchange. Minimum initial investment is $100,000.
Henderson divisional director, alternative investments Stuart Macdonald says: “The European Absolute Return fund represents the latest in a series of alternative investment products being developed by Henderson.”