Daily round-up (03-01-2012)

January 4, 2012

The last trading day of 2011 saw Wall Street stocks close on a muted note (Dow Jones -0.6%, S&P 500 -0.4%). While the S&P 500 and Nasdaq indices ended 2011 lower than they started, the Dow Jones index had a good year with 19 of its 30 constituents finishing higher over the period. Bank of America was the best performing stock in the index on Friday, but ironically it was also the worst performing stock in the index over the year.

With many markets closed on Monday, traders have seemingly started the new year in a buoyant mood this morning. The FTSE All-World index was up 0.5% early this morning (FTSE 100 +1.3%, FTSE Eurofirst 300 +0.7%) aided by a good session in Asia. Better-than-expected manufacturing data from China’s giant manufacturing sector has boosted global stocks. In Europe, manufacturing figures for December showed a slower pace of contraction with activity having improved the most in Greece.

Source: Henderson Global Investors

Henderson Global Investors is the name under which Henderson Global Investors Limited (reg. no. 906355), incorporated and registered in England and Wales with registered office at 201 Bishopsgate, London EC2M 3AE and authorised and regulated by the United Kingdom Financial Services Authority) provide investment products and services.

The Henderson Horizon Fund (the Fund) is a Luxembourg SICAV incorporated on 30 May 1985 and regulated by the Luxembourg Financial Services Regulatory Authority.

Atlas JMFS Investments Services Limited (Atlas JMFS) is the Representative in Malta of Henderson Global Investors. Henderson Horizon Fund is authorised to be marketed in Malta in line with the UCITS Directive. Atlas JMFS Investments Services Limited (IS30176), 67 Level 3 South Street, Valletta, Malta is licensed to conduct investment services business by the MFSA, Notabile Road, Attard BKR3000, Malta, and is a member firm of the Malta Stock Exchange, Garrison Chapel, Castile Place, Valletta VLT1063, Malta.

The sub-funds of the Henderson Horizon Funds which have been authorised to be marketed in Malta are eight equity funds and one bond fund.

Investors should remember that the value of investments and any income derived can go down as well as up and past performance is no guarantee to future performance. Any investment decision must be made solely on the basis of the information contained in the prospectus, which is available on request from Henderson Global Investors and may be obtained from the local representative Atlas JMFS.