London-based
"We are particularly excited about launching this fund right now, because we believe that the Japanese economy may be poised for a long-term expansion," said Sean Dranfield, Henderson director of North American retail distribution, in a company statement.
The Henderson Japan-Asia Focus Fund will use a bottom-up approach in choosing stocks while seeking other investment opportunities in Japanese and Asian markets. The fund, opened on Jan. 31, is the sixth Henderson global fund, joining the International Opportunities Fund, European Focus Fund, Global Technology Fund, U.S. Core Growth Fund and the Income Advantage Fund. Together, Henderson Global Investors manages more than $119.3 billion, as of June 30, 2005.
"The Henderson Group of companies has significant experience investing in Japanese and Asian markets, which should position us well to capitalize on the investment opportunities this economic expansion may provide," Dranfield said.
