Launches & Closures Wrappers / Structures

Henderson unveils UCITS global currency fund


Henderson Global Investors has launched the Henderson Horizon Global Currency Fund, a Luxembourg SICAV managed by Bob Arends and his well-regarded quant-based currency investment team.

The new UCITS-compliant product is aimed at giving institutional, wholesale and retail investors access to Henderson's proven quantitative investment approach in developed and emerging market currencies.

Head of currency Arends and his five-strong currency team joined Henderson last year from Fortis and launched the Cayman-domiciled Henderson Global Currency hedge fund in May 2009. The firm describes the new Henderson Horizon Global Currency Fund as being "a sophisticated UCITS III version of the strategy".