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Henderson Credit Alpha I Gross Acc

Ranked 10 out of 35 in - Bond Strategies over 12 months
All calculations are in GBP

Managed by

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.

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.


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.


Bond Strategies over : 31/07/2014 - 31/07/2015
  • Rank 10/35 Total Return
  • Rank 4/35 Standard Deviation
  • Rank 6/35 Max Drawdown
Fund Name Return
8 BSF European Credit Strategies H2RF GBP


9 Threadneedle Credit Opportunities Hgd Ret Acc GBP


10 Henderson Credit Alpha I Gross Acc


11 Amundi Fds Glb Macro Bonds & Currenc Low - AHG (C)

Currency exposure is hedged

Currency exposure is hedged


12 PIMCO Credit Absolute Return Inst GBP Hdg Acc

Currency exposure is hedged

Currency exposure is hedged


Fund Name Loss
5 RWC Core Plus A GBP

Currency exposure is hedged

Currency exposure is hedged


6 Henderson Credit Alpha I Gross Acc


7 PTR-Kosmos-HI GBP


8 Threadneedle Credit Opportunities Hgd Ret Acc GBP


Total Return

Quarterly Performance

to 30/06/2015 Annual Q1 Q2 Q3 Q4
2015 1.5% 0.2%
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 -1.4% 2.1% 1.7% -3.3% -1.9%
2007 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

Purchase Info

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


  • 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).