Andrew Beal will continue to manage the trust and the focus will remain the same, with the name changed purely to ensure the trust’s investment strategy is reflected properly.
The investment objective is to achieve a high rate of total return from companies operating primarily in Asia including India, but excluding Japan and Australasia.
Beal aims to identify long-term structural growth companies in Asia, run a high conviction portfolio and pick stocks from a bottom-up perspective.
David Robins, chairman of Henderson Asian Growth Trust, said: "The board has been concerned for some time that investors may be misled by our name into believing we were a boring broadly based Pacific fund offering a balance of capital and income growth. It is important that our name accurately reflects our objectives.
"With the onset of RDR we also wanted to ensure that investors can easily differentiate this company from its peers, which tend to be value oriented."
Fund manager Beal, said: "This change will make no difference to either my long-term strategy or what I do on a day-to-day basis, but I agree with the board that it is a good move and will help investors understand more readily what the focus of the trust is."
