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Henderson European Focus

Ranked 2 out of 108 in - Europe Excluding UK over 12 months
All calculations are in GBP

Managed by

John Bennett

John Bennett has over 25 years' experience of managing European equities. He joined Henderson as a Director of European Equities in April 2011 as part of the Gartmore acquisition. John manages a number of Continental and Pan European funds. He joined Gartmore in 2010 from GAM where he spent 17 years as a fund manager during which time he managed its flagship long only and equity L/S hedge fund which was launched in June 1998. Prior to GAM, John was a fund manager at Ivory and Sime and has been a Member of the Chartered Institute of Bankers in Scotland since 1987.

Objective

The Fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from European equity markets (excluding the United Kingdom), by investing in a concentrated portfolio of companies having their registered office in Europe (excluding the United Kingdom).

Performance

Europe Excluding UK over : 31/10/2013 - 31/10/2014

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 3.1% 5.7% -0.9% -1.3% -0.3%
2013 27.6% 12.1% 0.0% 4.8% 8.6%
2012 22.1% 8.2% -4.8% 11.0% 6.8%
2011 -9.2% 2.7% 3.8% -18.9% 5.0%
2010 12.8% 2.6% -11.2% 10.8% 11.8%
2009 11.4% -17.3% 8.3% 23.7% 0.5%
2008 -27.6% -11.4% -2.7% -13.6% -2.7%
2007 9.5% 2.6% 4.5% -1.6% 3.8%
2006 15.3% 12.6% -5.5% 4.7% 3.6%
2005 27.2% 4.4% 3.3% 12.2% 5.1%
2004 20.0% 1.6% 6.2% 1.0% 10.0%
2003 26.8% -8.7% 18.5% 4.7% 11.9%
2002 -25.8% 2.5% -11.5% -21.2% 3.7%
2001 -13.9% -14.9% 0.3% -15.1% 18.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
ROCHE HOLDING G PAR 8.55
Novartis AG ORD 7.39
RWE AG ORD 4.64
Novo Nordisk A/S ORD 4.44
Autoliv Inc DR 4.29
Bayer AG ORD 4.24
Nestle SA ORD 4.14
Fresenius SE & Co KGaA ORD 2.80
AstraZeneca PLC ORD 2.58
UCB SA ORD 2.47
31/08/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/01/2001
  • Share Class size62Mn
  • Base currencyGBP
  • ISIN GB0031860595

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment5,000

Charges

  • Annual management2.0%
  • Initial investment5

Related News

Henderson's Bennett joins Blue Knights to ride to Rangers’ rescue

Henderson Global Investor fund manager John Bennett has joined the Blue Knights group aiming to save Glasgow Rangers Football Club which recently went into administration.

Henderson to merge 12 funds in final Gartmore integration

Citywire can reveal that Henderson is planning to merge away 12 funds, a move which the group says represents its final integration stage following its buy of Gartmore.

Gartmore brand to be scrapped in Henderson deal; Meyer to leave

(Update) Henderson will scrap the Gartmore brand as part of its £335 million deal to buy the fund management group, while Gartmore chief executive Jeffrey Meyer will leave after the integration of the businesses.

Gartmore and Henderson tie-up: three key overlaps

Citywire looks at some of the key overlaps that Henderson's management will have to address if it acquires Gartmore.

Gartmore locks in John Bennett with nine million shares

Gartmore has handed Roger Guy's replacement John Bennett nine million shares to lock him into the firm for at least three years.

Fund industry's short-termism 'guarantees failure', warns Gartmore's Bennett

Gartmore fund manager John Bennett has slammed the fund industry's short-termism, arguing it almost inevitably leads to 'failure'.

Gartmore's Bennett backs his revamped European Focus fund

John Bennett has invested a 'substantial' amount of his money into the Gartmore European Focus fund, which he has transformed into a high conviction fund since he took on the poorly performing portfolio earlier this year.  

Principal appoints ex-Gartmore manager Jones as CIO

Principal Investment Management has hired former Gartmore European equity manager Stephen Jones as its new chief investment officer.

Callaghan leaves Gartmore

Tim Callaghan has officially left Gartmore along with the firm's former investment trusts head Jim Tennant.

Tim Callaghan steps down from Gartmore's European funds

Gartmore’s Tim Callaghan has stepped down from firm's European Focus and Growth funds.  

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).