A group of disgruntled pension funds is threatening litigation against investment giant Henderson after one of its funds lost more than 60% of its value during the credit crunch.
The majority of the assets in the Henderson PFI Secondary Fund II - an infrastructure vehicle whose clients include "large UK and continental European pension funds" - was used in the £1bn purchase...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
