Henderson Investors has brought in the Cayman Islands domiciled Asia Pacific fund.
The fund is aimed at institutional investors and high net worth individuals who are looking for growth and are prepared to put up with medium to high levels of risk.
Asia Pacific will invest in a portfolio of companies from countries that are in and around the Pacific/Asia area, which the company feels have potential for growth. These include China, South Korea, Indonesia, Singapore and Japan.
They are areas which are recovering from long periods of economic depression and which are now experiencing renewed growth. However, with Indonesia continuing to experience political instability and the Japanese recovery still at a tentative stage, Asia/Pacific could still be a high risk area.
According to Standard & Poors the Henderson HF Pacific fund is ranked 12 out of 162 funds, based on £1,000 invested on a bid to bid basis with gross income reinvested over three years to September 18, 2000.