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Why Henderson's Burvill is holding 15% in cash

Chris Burvill, lead manager of the Henderson Cautious Managed fund, says he will continue to hold 15% in cash ahead of expected volatility in markets.

Burvill, who has managed the £2.2 billion fund since 2003, also discusses with Wealth Manager how he is playing fixed income in these testing times.

Over 10 years to the end of June, the Henderson Cautious Managed fund has returned 80.5% while the average manager in total return has returned 60.14%.

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