Henderson High Income
Henderson High Income (HHI) has recently announced that Henderson Diversified Income will be merged into it, subject to shareholder approval, which would add advantages of scale to HHI in the coming months. HHI’s manager David Smith believes that for the new HHI shareholders the timing of this merger may be fortuitous, as he feels that a number of key risks facing the UK equity market are reducing: it is likely to avoid a material recession, inflationary pressures have diminished, and political risk should fall away as the next government seems likely to be more centrist.David’s bullishness has led him to rotate HHI into UK mid cap companies, while also increasing HHI’s bond exposure to take advantage of higher yields on offer. David suggests that the combination of the discount on UK stocks with HHI’s current share price discount of 8.4% (which is below its three-year average) offers an attractive entry point.
Henderson High Income Trust is an investment trust company. A substantial majority of Co.'s assets are invested in ordinary shares of listed companies with the balance in listed fixed interest stocks. Co. invests predominantly in companies listed in the U.K. Co. has appointed Henderson Investment Funds Limited to act as its Alternative Investment Fund Manager, which delegates investment management services to Henderson Global Investors Limited.
QuotedData you with provides access to research on Investment Companies, Investment Trusts and Mining companies. Our aim is to provide you all the information you might need to make your own investment decisions. We cannot offer you advice on your investments.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.