Henderson Global Investors’s [
profile] U.S. arm is nearing the end of its best sales year ever, and it just launched its second and third new mutual fund of the quarter. Expect a quieter product launch schedule for now.
This month Henderson launched the
Henderson International Long/Short Equity Fund and the
Henderson US Growth Opportunities Fund (the latter powered by Henderson’s recent acquisition, Milwaukee-based institutional manager
Geneva Capital Management). Yet the Henderson team isn’t in a rush to launch more funds just yet.
“We put three funds out in the fourth quarter of this year,”
Chuck Thompson, head of North American distribution for Henderson, tells
MFWire. “We’re going to do a bit of a reset in the first and second quarters.”
Henderson now has 13 U.S. mutual funds.
“We’ve love to get to 20 over the next three to five years,” Thompson says. “We want to do it in a very thoughtful, strategic way.”
In terms of sales, Thompson expects his team to sell about $3.6 billion this year, up 40 percent year-over-year.
“We’ve had our best-selling volume year ever,” Thompson says. “I see us adding to the institutional distribution sales effort over the next year.” 
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