Court rules in favour of Henderson in PFI case

A court has ruled in favour of Henderson Global Investors after allegations of a breach of mandate for a private finance initiative fund were made by a majority of investors.

Two subsidiaries of Henderson and the Henderson PFI Secondary fund II were served with legal proceedings by investors in the fund in December 2011.

A spokesperson says: “Henderson Group does not know at this stage whether the investors in Fund II will appeal the judgment.”