Henderson Global Investors is closing two of its retail-oriented U.K. absolute return funds, Citywire reports. The two funds are the Henderson U.K. Absolute Return OEIC and the Henderson Gartmore U.K. Absolute Return SICAV.
Both the products, managed by Ben Wallace and Luke Newman, will “soft close” on November 30, adds Money Marketing. The firm has decided to close the funds because of extensive net inflows. Henderson Global Investors provides its institutional, retail and high net worth clients with access to skilled investment professionals representing a broad range of asset classes, including equities, fixed income and private equity.
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