Edison issues flash on Henderson EuroTrust (HNE): Proposed merger with Henderson European Focus Trust
On 14 March, the boards of Henderson European Focus Trust (HEFT) and Henderson EuroTrust (HNE) announced the proposed merger of the two companies to form Henderson European Trust.
- On 14 March, the boards of Henderson European Focus Trust (HEFT) and Henderson EuroTrust (HNE) announced the proposed merger of the two companies to form Henderson European Trust.
- The resulting enlarged fund will be managed by Janus Henderson Investors’ (JHI’s) European equities team.
- There will be two co-managers, Tom O’Hara (currently co-lead manager of HEFT) and Jamie Ross (currently lead manager of HNE).
- There will be two dividend payments a year; payments are expected to normalise at the end of FY25 (30 September).