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Edison issues update on Henderson Opportunities Trust (HOT): Patience ...
Edison Investment Research Limited Edison issues update on Henderson Opportunities Trust (HOT): Patience is bitter but the fruit is sweet 20-Nov-2023 / 13:30 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 20 November 2023 Edison issues update on Henderson Opportunities Trust (HOT): Patience is bitter but the fruit is sweet Underpinned by attractively low valuations, the investment managers for Henderson Opportunities Trust (HOT) believe that smaller companies will rally strongly on a turn in market sentiment. Although the timing...
- Pedro Fonseca
Henderson Opportunities Trust - Patience is bitter but the fruit is sw...
Underpinned by attractively low valuations, the investment managers for Henderson Opportunities Trust (HOT) believe that smaller companies will rally strongly on a turn in market sentiment. Although the timing and catalyst for this is no easier to pinpoint than when we wrote our detailed note in July, in their view, the most likely trigger will be a return to confidence in the UK economy. In this respect, growing indications that the interest rate cycle has peaked, and a more robust domestic eco...
- Pedro Fonseca
Henderson Opportunities Trust - Is a bird in the hand really worth two...
Henderson Opportunities Trust (HOT) seeks to identify the best investment opportunities across the breadth of the UK market. It has a strong bias towards smaller and early-stage companies with significant potential to grow into tomorrow’s leading British businesses, and a value-driven style that invests in out-of-favour or under-researched companies. In the past two years, UK market performance has been driven by the largest companies, with a broad sell-off in smaller companies, especially those...
- Pedro Fonseca
Henderson Opportunities Trust - Staying the contrarian course
Equity markets have been relatively weak and volatile so far in 2022 as a result of slowing economic growth, rising interest rates, soaring inflation and the ongoing war in Ukraine. Henderson Opportunities Trust (HOT), which has a bias to midsized and smaller companies including those listed on the Alternative Investment Market (AIM), has had a tougher time of it in 2022 after a very strong 2021. The investment process is, as with all James Henderson and Laura Foll mandates, mildly contrarian, i...
- Pedro Fonseca
Henderson Opportunities Trust - Riding the next wave with stabilisers
Henderson Opportunities Trust (HOT) is unusual in that its unconstrained mandate means it can buy into very small companies and hold them no matter how large they get. Managers James Henderson and Laura Foll explain that the investment trust structure enables them to own micro-caps (sub-£50m), which can be very illiquid and therefore unsuitable for an open-ended fund. For example, AIM-listed Serica Energy (the top holding at c 3.6% of the portfolio) now has a market cap of c £900m but it was onl...
- Pedro Fonseca
Henderson Opportunities Trust - Buckets of opportunity drive an impres...
Henderson Opportunities Trust (HOT) has posted a very strong performance for FY21 (ended 31 October), with its NAV and share price both up almost 60% on the prior year, albeit with the bulk of the returns coming in H121. Co managers James Henderson and Laura Foll construct a deliberately diverse all-cap portfolio of between 70 and 100 UK equities, with a bias towards smaller and particularly AIM-listed stocks. While the emphasis is on capital growth, the trust also seeks to reward investors with...
- Pedro Fonseca
Henderson Opportunities Trust - Buckets of opportunity drive an impres...
Henderson Opportunities Trust (HOT) has posted a very strong performance for FY21 (ended 31 October), with its NAV and share price both up almost 60% on the prior year, albeit with the bulk of the returns coming in H121. Co managers James Henderson and Laura Foll construct a deliberately diverse all-cap portfolio of between 70 and 100 UK equities, with a bias towards smaller and particularly AIM-listed stocks. While the emphasis is on capital growth, the trust also seeks to reward investors with...
Henderson Opportunities Trust: 1 director
A director at Henderson Opportunities Trust maiden bought 1,250 shares at 1,415p and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the las...
- Pedro Fonseca
Henderson Opportunities Trust - Feeling HOT HOT HOT?
Henderson Opportunities Trust (HOT) has performed particularly strongly over the past 12 months, leading to signs of a reappraisal among investors with the trust’s persistent double-digit discount to NAV narrowing almost to par. Managers James Henderson and Laura Foll have made the best of HOT’s flexible all-cap structure, reaping the benefits of strong performance from early-stage hydrogen plays in 2020 and rotating towards more cyclical names late in the year as the market focus switched to va...
- Pedro Fonseca
Henderson Opportunities Trust - Enthusiastically esoteric UK equity po...
Henderson Opportunities Trust (HOT) has performed strongly since experiencing sharp NAV and share price declines in the Q120 market sell-off, powering to the top of the AIC UK All Companies sector over the past 12 months with an NAV total return of c 40% in the second half of 2020. Managers James Henderson and Laura Foll say performance has benefited from holding a number of ‘next-generation leaders’ in the UK. The portfolio is esoteric in its make-up and seeks to avoid being overly exposed to t...
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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