Henderson launches market neutral fund

The Henderson UK Equity Market Neutral fund is expected to launch at the beginning of December 2001. The fund will be co-managed by Andrew Formica, director of specialist equity funds, Michael Collins and John Griffiths.

The fund will be broadly sector neutral and dollar neutral. Stuart MacDonald, director of hedge fund development, said: 'The fund will consist of a set of demonstrably uncorrelated strategies, fundamental, liquidity, relative value and event driven. The fund will use the ability