Henderson Global Investors Inc. has launched an all asset fund aiming at long-term growth of capital with lower volatility through flexible allocation across a wide range of asset classes around the world.
The fund, branded as the Henderson All Asset Fund, is structured as a multi-asset portfolio which has the ability to invest in a broad range of traditional and alternative asset classes, including equities, bonds, property, private equity, commodities, currency and cash. The fund is co-managed by Bill McQuaker and Chris Paine.
It will charge a management fee of 40 basis points.
"We believe there has never been a better time to invest in a fund that gives its portfolio managers the ability to dynamically allocate assets in response to the ever-changing economic environment that investors currently face," said Chuck Thompson, Director of US Retail at Henderson Global Investors in a statement. "We believe that our approach offers investors a robust, all-weather portfolio, combining dynamic asset allocation, diversified portfolio construction and efficient implementation of investment ideas."
Henderson Global Investors (North America) Inc. is the US subsidiary of Henderson Group plc, a London-based global investment management firm. Henderson Group has $99.9 billion in assets under management as of December 31, 2011.