Saturday, 23 May 2015
Last updated 1 day ago
Oct 9 2008 | 10:56am ET
Henderson Global Investors has launched the Absolute Return Fixed Income OEIC, a mirror version of its offshore absolute return fixed-income fund.
The multi-strategy is taking both directional (long and short) and relative value positions in the global fixed-income market. It will typically have between 70 and 100 holdings and generate alpha from interest rates, emerging market debt, currency and credit.
Daniel Beharall, portfolio manager, said investors who are looking for cash plus returns, but still have a fairly low risk approach, are increasingly seeking absolute return products.
“The decision to launch an OEIC version of the fund is due to the popularity of the offshore product,” he said. “The sophisticated UCITS III structure allows us to take positive or negative views on markets, regions, sectors, and individual securities.”
Henderson Global manages some £56.2billion (US$98 billion) in total assets.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…