Business Services Industry

Henderson to Launch First Institutional Mutual Fund for U.S. Investors

Business Wire, Jan 23, 2008

Brings Retail Mutual Fund Experience to Institutional Marketplace

CHICAGO -- Henderson Global Investors, the $123.5 billion investment management company, today announced plans to launch a mutual fund for institutional investors. The Henderson International Equity Fund*, to be made available on January 31, 2008, will be the first product in the Henderson Global Fund family for the U.S. institutional marketplace. The Fund will follow an All Cap strategy focusing primarily on the developed markets of Europe, Australasia and the Far East (EAFE). Selective investments may also be made in emerging markets.

"Henderson has been serving institutional investors in the U.S. since 1991 and today offers a wide range of products and strategies," said Dan McDonough, head of institutional business development in North America. "The launch of this Fund is the next evolution in the continuing build-out of our products for the U.S. institutional marketplace."

The Fund will follow a bottom-up EAFE All Cap Growth at a Reasonable Price (GARP) strategy, and aims to achieve long-term capital appreciation through investments in equities of non-U.S. companies. The minimum investment is $1 million, and the Fund will be managed by a team of portfolio managers, including Manraj S. Sekhon, Yu-Jen Shih, Iain Clark, Simon Savill and Yun-Young Lee.

About Henderson Global Investors

Henderson Global Investors is a global investment management company, providing a wide range of investment products and services to institutions and individuals in Asia, Europe and North America. Henderson manages over $123.5 billion (as of June 30, 2007) in assets and employs approximately 980 people worldwide.

About the Henderson International Equity Fund

*The Fund's registration has not yet become effective. Information contained herein is subject to completion or amendment. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to buy or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state. An indication of interest in response to this communication will involve no obligation or commitment of any kind.

Before investing, you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 1.800.657.1493. Please read the prospectus carefully before investing.

International investing involves certain risks and increased volatility not associated with investing solely in the U.S. These include currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavorable political or legal developments. The Fund may also invest in smaller companies, meaning these companies may have more limited product lines, markets and financial resources than larger, more seasoned companies. In addition, the Fund may invest in a limited geographic area or in a small number of issuers. As such, investing in the Fund may involve greater risk and volatility than investing in a more diversified fund.

Foreside Fund Services, LLC, Distributor.

For Use As Press Release Only

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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