Henderson is to change the investment policy of Matthew Beesley's International fund as well as renaming the vehicle to reflect its more concentrated investment approach.
While gilts have provided a safe haven for investors in tough times, funds in the sector will not offer that same protection as global monetary policies shift. Paul Burgin reports.
Henderson Global Investors is preparing to merge away three portfolios as it continues to streamline its fund range.
Henderson Group has seen a record jump in underlying pre-tax profit in the first half of 2013, despite a £2bn outflow from its institutional business.
Bond fund manager John Anderson is set to leave J.P. Morgan (JPM) after being told his future at the group remains uncertain.