Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Henderson Credit Alpha I Gross Acc

Ranked 36 out of 40 in - Bond Strategies over 12 months
All calculations are in GBP unless stated

Managed by

Tom Ross

Norwegian Thomas Ross currently runs the fund Henderson Credit Alpha fund. He describes his investment style as fundamental and invests in his own strategies and uses derivatives obtaining a turnover between a 35-50%. Thomas graduated from Universtity with a degree in biology and holds the Investment Management Certificate and the CFA designation. Away from fund managements his interests are rugby and skiing among others.

Stephen Thariyan

Stephen Thariyan was born in Hampshire, England, in 1966. He studied accountancy at the University of Newcastle before embarking on his career as a trainee accountant at Ernst & Young. He moved to Chevron Corporation as a senior auditor in 1991, before joining Gulf Oil as a business and economic advisor. In 1996, Stephen became director and senior analyst in fixed income credit research at NatWest Markets, and three years later he joined Rogge Global Partners. He assumed the position of head of credit at Henderson, in 2007, and adopts an active investment style with sufficient diversification to ensure liquidity and mitigation of downside risk. He uses bond futures to manage duration and acknowledges that different forms of strategy with in the fund have proved worthy contributors during different terms. Outside of fund management, Stephen lists his interests as golf, shooting, skiing and cinema.

Objective

The Fund aims to generate positive returns by taking directional, relative value, structural and tactical positions in corporate bonds, asset backed securities, preference shares, equities, secured loans credit default swaps, as well as other permitted derivative instruments. The Fund may invest the property in transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes.

Showing fund performance in United Kingdom View performance globally

Performance

Bond Strategies over : 31/07/2015 - 31/07/2016
  • Rank 36/40 Total Return
  • Rank 4/40 Standard Deviation
  • Rank 21/40 Max Drawdown
Fund Name Currency Return
34 Neuberger Berman Global Bd Abs Ret GBP I2 Acc GBP

-2.4%

35 Schroder GAIA KKR Credit GBP Hedged C Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.3%

36 Henderson Credit Alpha I Gross Acc GBP

-3.9%

37 Insight - Absolute Insight Credit B1p Sterling GBP

-6.0%

38 Threadneedle (Lux)-Global Opportunities Bond AGH

Currency exposure is hedged

Currency exposure is hedged

GBP

-7.9%

Fund Name Currency Risk
2 Kames Absolute Return Bond Global B Acc GBP GBP

1.1

3 Muzinich LongShortCreditYield GBP Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

1.6

4 Henderson Credit Alpha I Gross Acc GBP

1.8

5 BSF Fixed Income Strat D2RF GBP GBP

1.9

6 PTR-Kosmos-HI GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

1.9

Fund Name Currency Loss
19 RWC Core Plus A GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.9%

20 Loomis Sayles Strategic Alpha Bond Fund H-N/D GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.0%

21 Henderson Credit Alpha I Gross Acc GBP

-4.1%

22 Schroder GAIA KKR Credit GBP Hedged C Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.2%

23 Invesco Active Multi-Sector Credit C Acc GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.4%

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 -2.5% 0.1%
2015 -0.3% 1.5% 0.2% -1.7% -0.3%
2014 0.5% 0.7% 0.5% -0.6% -0.1%
2013 4.1% 1.2% 0.0% 1.3% 1.6%
2012 7.6% 1.4% 2.0% 0.8% 3.1%
2011 0.0% 2.1% 0.3% -2.6% 0.2%
2010 9.6% 6.1% -0.8% 4.1% -0.1%
2009 27.2% -0.1% 12.7% 6.7% 6.0%
2008 -2.8% 0.7% 1.7% -3.3% -1.9%
2007 0.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Belgium
  2. France
  3. Germany
  4. Spain
  5. Sweden
  6. Switzerland
  7. United Kingdom

Fund Info

  • Launch date02/07/2007
  • Share Class size707Mn
  • Base currencyGBP
  • ISIN GB00B1XDHY55

Purchase Info

  • Min. initial investment100Mn
  • Min. regular additional investment10,000

Charges

  • Annual management1.40%
  • Initial investment0

Related News

Henderson soft-closes AAA duo's Credit Alpha fund on liquidity fear

Henderson has soft-closed its Credit Alpha fund as it nears the £1 billion mark.

Alt. Ucits: Henderson Credit Alpha on why credit risk is not worth it

Henderson Credit Alpha is lead managed by the company’s head of credit Stephen Thariyan, assisted by Chris Bullock and Tom Ross, with the managers winning a Citywire AA-rating for their stewardship

A spotlight on Psigma's private client performance

Positions in key funds and quality global bonds have helped boost Psigma's portfolio performance, says CIO Tom Becket.

Bond boys power inflows for Henderson Global Investors

The firm has nearly completed its acquisition of Gartmore.

Breaking down the top absolute returners

Absolute return funds have little in common apart from seeking positive performance, so comparisons across the sector are largely redundant.

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