The launch of a new strategy targeting European high-yield
debt is the latest step in the expansion of Henderson Global
Investors' long/short credit asset management business
Henderson Credit Alpha, the UCITS-compliant, multi-strategy
long/short credit fund managed by Henderson Global Investors,
celebrated its fifth anniversary over the summer and is
performing well this year - returning 5% to the end of October
in its sterling share class and on track to beat its annual
target of 5% above three-month Libor.
Since launching in July 2007, the fund has produced an
annualised return of 6.17%, in large part thanks to an
impressive outperformance in the buoyant credit market
conditions in 2009.
Meanwhile, Henderson's credit team has also this month
launched a new UCITS fund focused on European high-yield
Henderson Credit Alpha is run by a trio of experienced
managers, including the firm's head...