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Henderson Credit Alpha I Gross Acc

Ranked 18 out of 35 in - Bond Strategies over 12 months
All calculations are in GBP

Managed by

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.

Chris Bullock

As a fixed income portfolio manager at Henderson Chris Bullock has a benchmarked remit in European investment grade bonds and an absolute return strategy in global credit markets. He joined Henderson in 2003 having made the leap from financial analysis to fund management the year before. Having grown up in Wales, Chris studied chemical engineering at Aston University in Birmingham. Outside of work he enjoys golf, skiing, cinema and music.

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.

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.

Performance

Bond Strategies over : 31/07/2013 - 31/07/2014
  • Rank 18/35 Total Return
  • Rank 9/35 Standard Deviation
  • Rank 7/35 Max Drawdown
Fund Name Return
16 GAM Star Emerging Market Rates GBP Acc

3.3%

17 RWC Core Plus A GBP

Currency exposure is hedged

Currency exposure is hedged

3.1%

18 Henderson Credit Alpha I Gross Acc

3.1%

19 Julius Baer BF Absolute Return Plus-GBP A

Currency exposure is hedged

Currency exposure is hedged

2.1%

20 BlackRock Absolute Return Bond D Acc

1.9%

Fund Name Risk
7 Ignis Absolute Return Credit A GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

0.2

8 Pioneer Funds Absolute Return Bond I Dis GBP

Currency exposure is hedged

Currency exposure is hedged

0.3

9 Henderson Credit Alpha I Gross Acc

0.3

10 SLI Glo SICAV Abs Rtn Glo Bd Strategies A GBP

0.3

11 Alliance Trust Dynamic Bond B Net Acc

0.3

Fund Name Loss
5 Legg Mason WA Glo Credit Ab Ret A Dis M Hdg GBP

Currency exposure is hedged

Currency exposure is hedged

-0.1%

6 JPM Income Opportunity A Dis GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

-0.2%

7 Henderson Credit Alpha I Gross Acc

-0.3%

8 Alliance Trust Dynamic Bond B Net Acc

-0.4%

9 RWC Core Plus A GBP

Currency exposure is hedged

Currency exposure is hedged

-0.4%

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 1.1% 0.7% 0.5% -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 -1.4% 2.1% 1.7% -3.3% -1.9%
2007 0.0% 0.0% 0.0%

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 investment500,000
  • Min. additional investment10,000

Charges

  • Annual management1.4%
  • Initial investment0

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