Hendersons aims for absolute returns

Henderson Global Investors' fund of funds manager John Husselbee has identified a universe of 50 long/short equity hedge funds that will form the pool from which he will select investments for a new absolute return fund of hedge funds, the Henderson Absolute Return Portfolio (Harp).

Husselbee will invest the fund on a purely bottom-up basis and will not be making asset allocation decisions according to region but will focus on the UK, Europe, Asia and US funds.

He said he is not worried about