Henderson Global Investors has expanded its fixed income offering by launching two new credit funds that aim to deliver a total return in excess of its benchmark.
Dubbed as the Henderson Horizon Emerging Market Corporate Bond Fund and the Henderson Horizon Global Corporate Bond Fund, both the funds will be managed by Steve Drew, head of emerging market credit and James Briggs, fixed income fund manager, respectively.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Both the funds will have UCITS status and are denominated in US dollars.
The emerging market fund will adopt a filtering process that is both thematic and quantitative to allow the team to focus on bonds that offer good value.
The Global Corporate Bond Fund will invest primarily in investment grade corporate bonds. It also benefits from the analytical strengths of a team based in both Europe and the US to identify opportunities across all geographies and all areas of the credit spectrum.
Drew said: "Emerging market credit offers investors a unique investment proposition. They are paid an attractive risk premium because of the ’emerging market’ label, despite the investment grade characteristics of much of the asset class.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"Risk management plays a key role in portfolio construction and the fund is notable for its active management of interest rate exposure, with duration not tied to the average duration of the benchmark," Drew added.
Briggs said: "The launch of the Henderson Horizon Global Corporate Bond Fund is the culmination of eight years of globalising our fixed income capabilities. The combination of conviction-led investing with a blend of macroeconomic analysis and fundamental security selection can allow the fund to exploit disparities in markets around the globe."
Henderson said that both managers will have access to a sixteen strong credit research team and will together with the interest rates’ team headed by James McAlevey.
Greg Jones, head of EMEA retail and Latin America, said: "We are launching these Luxembourg based SICAV funds to meet the needs of our clients seeking sophisticated fixed income funds in the global and emerging market credit space. These funds complement sophisticated UCITS launches in the European and global high yield sectors over the last two years and are the result of the globalization of our fixed income teams."
