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LATEST NEWS & EVENTS Pension funds pursue Henderson Global Investors dispute resolution  A group of 30 pension funds are seeking a commercial dispute resolution and compensation of £375 million from Henderson Global Investors, after claiming that the company breached two pieces of legislation when it paid £1 billion for construction company, John Laing in 2006, it has been revealed. According to the Financial Times, the group of 30 pension funds claims that Henderson broke the terms of the Limited Partnership Agreement and the Private Placement Memorandum when buying John Laing but Henderson has denied all their claims. Since acquiring John Laing, Henderson has recently sold a 25 per cent stake from one of its investments, Brewery in Romford, after PRUPIM purchased the property for the sum of £44.5m, which reflects a net initial yield that totals six per cent. Michael Neal, fund manager of the Henderson Retail Warehouse Fund, said: "This sale is fully in accordance with the fund's strategy to maintain a well balanced and diversified portfolio of prime retail warehouse assets." Posted by Gaby Hamerton 
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