Henderson Global Investors, the UK asset manager, is asking clients for new money for its hedge funds despite the gloomy investor climate, a week after Financial News reported the global hedge fund industry is thought to have suffered its first quarterly net outflow for years.

Henderson is considering reopening John Crawford’s Asia-Pacific absolute return fund first, having raised $150m (€95m) of new commitments in the past few months. The European select fund, run by Stephen Peak, is likely to follow.