Henderson Global Investors is a global asset manager focused on delivering excellent investment performance and service to our clients.
Founded in 1934, the company was named after its first client. 80 years of continuous service have nurtured a trusting relationship with clients – and the group continues to serve the Henderson family to this day.
Henderson is now an independent asset manager with assets under management of more than £81.5bn, more than 900 employees and offices in 19 cities around the world.
It is dual-listed on the London Stock Exchange and the Australian Securities Exchange, is a member of the ASX 100 and FTSE 250 indices, and has a market capitalisation of £3.2bn. Henderson’s clients range from global institutions to personal investors in a variety of domestic markets worldwide.
A culture of client-centricity is at the heart of the Henderson thought and decision-making process. Whether this is in training employees, continuing to embed the principles that our customers should be treated fairly at all times or actively seeking the views of existing and potential investors and their underlying customers, client satisfaction is the key basis on which success is judged.
Henderson has a fundamental belief in openness and collaboration – in the power of sharing knowledge. ‘Knowledge. Shared’ not only applies to our interaction with our clients but also at an investment level, with managers maximising opportunities and sharing ideas.
At Henderson our aim is to share our investment knowledge by communicating the views of investment managers to clients in an appropriate and timely manner, and to keep clients updated of changes in portfolios and how our managers are thinking.
Sharing knowledge also means working with clients through long-standing relationships built upon trust. By properly understanding their challenges and evolving needs, Henderson seeks to shape products and services to deliver market-leading solutions for our clients’ futures.
Questioning the Manager
John Pattullo, Henderson Diversified Income Trust
Ian Barrass and James de Bunsen, Henderson Alternative Strategies Trust
John Bennett, Henderson European Focus Trust
Tim Stevenson, Henderson EuroTrust
Mike Kerley, Henderson Far East Income Trust
David Smith, Henderson High Income Trust
Ben Lofthouse, Henderson International Income Trust
James Henderson, Henderson Opportunities Trust and Lowland Company
Alex Crooke, The Bankers Investment Trust
Job Curtis, The City of London Trust
Neil Hermon, The Smaller Companies Trust
Ollie Beckett, The TR European Growth Trust
Henderson’s investment offering is split into five pillars:
£25.7bn of assets under management*
68 investment specialists
Generalist global equity capability alongside more specialist funds, such as technology, equity income and property equity offerings
Ideas and research shared, but managers invest based on their convictions rather than conforming to a house view
£18.9bn of assets under management*
19 investment specialists
Fourth largest provider of Luxembourg and UK-domiciled European equity funds
Highly experienced managers working as part of a team but applying individual processes and styles
Fund range encompass value and growth, long only and long/short and a range of market capitalisation specialisms
Global Fixed Income
£21.4bn of assets under management*
63 investment specialists
Coverage across the full range of fixed income asset classes, including government debt, secured assets, corporate debt and derivative instruments. Dynamic asset allocation and multiple investment techniques employed.
Henderson Fixed Income Investment Strategy Group brings together all areas of the team to aggregate the best ideas into a unified fixed income strategy
£4.7bn of assets under management*
11 investment specialists
Team approach, with the relationship between risk and reward at the heart of the process
Manage portfolios suiting a range of risk appetites and incorporating third party funds and investment vehicles as well as direct holdings.
£13bn of assets under management*
Broad range of offerings managed separately to one another. Includes:
Absolute return, in US, UK and European equity long/short strategies as well as a credit alpha fixed income offering
Global commodities, including agriculture, natural resource and commodities/managed futures specialists
Hedge funds, across a range of strategies, with experienced managers and longevity at a research, trading and operational level
The Henderson investment approach is based on active fund management and the belief that rigorous analytical application to financial markets will be rewarded through superior investment returns. The talent and expertise within the investment teams is integral to generating these returns; allowing talent to shine is therefore key.
High levels of support are provided with risk oversight teams assisting the managers in their decision-making and products are maintained and developed that align Henderson’s expertise with the needs of clients.
Henderson’s investment teams devise their own investment processes while sharing a common pool of resources. There is no house view and teams are structured to maximise opportunities within their respective investment universes.
The teams range from smaller, more nimble sets of managers and analysts, such as those in the equities space, to larger teams with complementary units of specialism, such as fixed income.
Research, resources and ideas are shared across all the investment teams at Henderson and all managers operate within a comprehensive and robust risk-control framework.
Brexit: Overview and Outcomes
Please click the link for a guide that provides a high level overview of the situation and explores the many questions still left unanswered by ‘Brexit’.
Industrial Strength: Lowland Investment Company Backs Industrials for Cash Flow and Capital Growth
Is it right to continue with our significant weight in industrials given the late stage in the economic cycle? For Lowland Investment Company the industrial sector is its biggest sector
overweight, making up around one quarter of the Trust’s assets. Despite the uncertain backdrop we think there are some compelling reasons to invest in these businesses.
Calling All Investors: Smaller Companies for Structural Growth!
In its portfolios Henderson’s Smaller Companies Investment Trust utilises a blend of growth and value styles. Known as growth-at-the-right-price (GARP), we seek-out companies we believe demonstrate high-than-average levels of growth, be it in revenues, earnings, and so forth, but aim to not overpay for that growth i.e. finding companies where the market appears to be undervaluing their fundamental worth
At Henderson Global Investors we view ISAs as one of the most efficient ways to invest for your future; if managed well the £15,240 annual subscription allowed into a Stocks & Shares ISA could deliver significant future financial returns.
Japan has many profitable companies with significant levels of cash on their balance sheets but which have been relatively poor historically at distributing profits to shareholders. Ben Lofthouse, portfolio manager in the Global Equity Income Team, investigates the potential for dividend growth from the world’s third largest economy
Alex Crooke of Bankers Investment Trust was nervous ahead of Brexit, so he had already reduced his investments in the UK when markets plummeted; here he explains the advantage of a trust that is a global generalist with the ability to seek out opportunity wherever it occurs.
The Scramble for Dividends in Asia is Just Getting Started
In the West the grasp for yield has become a protracted theme for investors. Income hungry, they have been forced to search in non-traditional income asset classes amid compressing bond yields from expansionary central bank policies.
But what of the more traditionally high yielding markets such as those in Asia?Henderson Far East Income Ltd seeks income and offers diversification from western markets.