Henderson rebrands range to reflect style

Henderson Global Investors has rebranded its Independent Portfolio fund of funds range as Henderson Multi-Manager and upped their annual management charges from 1.25 to 1.5 per cent as the range celebrates its third anniversary.

Advertising

Henderson said the aim of the rebranding was to reflect the funds' style more exactly. It said the increase in AMC brought their charges in line with the market and took their track record more fully into account.

The £19.4m Henderson Independent Distribution Portfolio trust is now called the Henderson Multi-Manager Distribution fund, the £83.8m Henderson Independent Growth Portfolio trust has become the Henderson Multi-Manager Growth fund, and the £66.4m Henderson Independent Income Growth Portfolio Trust is now titled Henderson Multi-Manager Income.

The two cautious managed funds - Multi-Manager Income and Multi-Manager Distribution - have posted top-quartile results over three years to 9 June. But Multi-Manager Growth was in the third quartile of the Active Managed sector over three years.

The funds fared less well over one year, with Income & Growth in the second quartile, Distribution in the third quartile and Growth in the fourth.

FTAdviser BLOGS RSS

Latest Post  

Another adviser roller coaster in 2009?

The year 2008 was a rodeo for IFAs. As well as dealing with the affects of the credit crun... read more

SIGN UP TO NEWS ALERTS



FTAdviser  Jobs  RSS

More positions