Ben Lofthouse, portfolio manager of Henderson International Income Trust, reflects on the opportunities and headwinds he’s experienced in looking to deliver an income-focused return over the past decade, and how the portfolio is positioned to take advantage of the prevailing market conditions over the next 12 months.
For portfolio managers and investors alike, the experiences of 2020 will prove difficult to erase from the memory. As we reflect upon the extraordinary – for once, the word is entirely apposite – developments of the year, one facet in particular leaps immediately to the forefront of our collective consciousness: dividends … or rather, their reliability.
A month after the UK formally left the European Union in December 2020, the first domestic cases of coronavirus were identified. The Covid-19 pandemic suspended normal life, as well as politics – stifling what otherwise would have been a dominating theme: what does Britain do next? In this article, we navigate the challenges of a post-Brexit world, the re-opening of the UK economy and outlook for dividends.
The latest edition of the Henderson Far East Income Dividend Index has enhanced its analysis with the inclusion of research on profits and dividends globally – highlighting how Asia is increasingly becoming a powerhouse.
Laura Foll, co-fund manager of Lowland Investment Company, highlights the increased private equity takeover activity seen in May, the changes made to the portfolio and the encouraging trading updates from the portfolio’s holdings.
John Bennett, Fund Manager for Henderson European Focus Trust, delivers his monthly commentary on the performance of the European market in May, his outlook for the region and highlights changes made to the portfolio.
Jamie Ross, Fund Manager for Henderson EuroTrust, delivers his monthly commentary on how the Trust performed in May, explains how individual stocks contributed to the performance and highlights changes made to the portfolio.
David Smith, Fund Manager of the Henderson High Income Trust, presents his AGM shareholder presentation. David covers the Trust’s performance over the last financial year, where he is currently finding opportunities in the market and the portfolio’s current positioning.
Job Curtis, Fund Manager for The City of London Investment Trust, provides his monthly commentary on how the Trust performed in May, which sectors and stocks contributed to its performance and his thoughts on the wider economic outlook.
10 years since the launch of Henderson International Income, Fund Manager Ben Lofthouse discusses the Trusts performance over what has been a turbulent decade – highlighting the benefits of regional and sectorial diversification, and income opportunities outside the UK.