Henderson plans to change the investment policy and name of its New Star Technology unit trust to the Henderson Global Innovation fund.
Subject to unitholder approval, the changes are designed to differentiate the fund from the Henderson Global Technology product following the integration of the Henderson and New Star fund ranges onto a single administrative platform on 6 April. Managers Ian Warmerdam and Stuart O’Gorman will remain at the helm of Henderson Global Innovation. The fund will invest principally in a concentrated portfolio of innovation-focused global securities considered by the fund managers to be under appreciated. The managers have targeted areas such as healthcare and environmental technology. It ...
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