The fund’s active management strategy uses a
benchmark-agnostic, unconstrained approach to provide flexibility and access to
investments across global fixed-income sectors. Managers also favor a wide portfolio duration
range to allow the fund to respond effectively during various interest rate environments, according to a statement from Henderson.
The firm has managed similar products in the UK and Europe
The fund follows a portfolio-building process that includes
top-down asset allocation supported by the Investment Strategy Group—a team of
nine senior fixed-income specialists. The team also leverages fixed-income experts
in a bottom-up, “best ideas” approach to security selection.
“Ever-changing market conditions require a more active
approach to bond investing and a strong commitment to mitigating risk,” says
Chuck Thompson, director of U.S. retail for Henderson. “The Unconstrained Bond
Fund will navigate across fixed income markets with the ability to take views
on interest rates, credit and loans while seeking to protect client capital.”
More information on the fund and Henderson
Global Investors is available here.