Global Daily round-up (24-01-2012)

Global Daily round-up  (24-01-2012)

Wall Street closed broadly flat yesterday with no agreement emerging on the Greek debt negotiations. The S&P 500 was up 0.1%, and the Dow Jones and Nasdaq were both down 0.1%. The largest faller on the Nasdaq was Research in Motion, after the announcement of Thorsten Heins as new CEO received a cold reception from investors. The Blackberry maker’s shares closed down 8.5%.

In Europe the FTSE Eurofirst 300 was down 0.5% and in London the FTSE 100 was down 0.4% in early morning trading. French banks Société Générale and Crédit Agricole both fell more than 2% following Standard & Poor’s decision to cut their credit ratings. According to Markit Economics, European services and manufacturing output unexpectedly expanded in January, driven by a robust performance by Germany.

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.