Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Henderson Value Trust: the investments to ensure our continuation

Ian Barrass, co-manager of the Henderson Value Trust, shares with Wealth Manager the three aspects of his trust he hopes will get it past its continuation vote later this year.

Henderson took over the mandate to manage the trust from SVM in April last year, and is now a year into a three-year turnaround process. However, to complete that transition it will have to survive a liquidation vote in December.

Barrass highlights the trust's holdings in private equity (including through Standard Life European Private Equity and NB Private Equity Partners), emerging markets (such as via the BlackRock Latin American trust), and commodities (in the BlackRock World Mining trust, for example) as the potentially key drivers of performance until then.

Barrass also explains his interest in debt-focused investment trusts, such as Real Estate Credit Investments and NB Distressed Debt, as a way to profit as banks retreat from lending. But at the same time he has backed Polar Capital Global Financials as a longer-term play on the recovery of banks.

Finally, Barrass explains what his new co-manager James de Bunsen will bring to the trust following the departure of Paul Craig to Old Mutual as part of the sale of Henderson's interest in its Cirilium Multi-Manager joint venture.
 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the FED

Winter market warmers, the post QE world and timing the FED

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Wealth Manager on Twitter