John Bennett, Co-Manager of Henderson European Focus Trust, discusses what he believes are the important factors to focus on in times of market turmoil and highlights the importance of ‘sticking to the knitting’.

  Key takeaways:

  • Experience counts and with the COVID-19 crisis being the fourth significant market crash in John’s career, he highlights the importance of not panicking, focussing on franchises with proper funding and robust balance sheets, and that despite the challenge everybody faces this situation will come to pass.
  • Maintaining due diligence and an ongoing dialogue with companies is a key focus for the European Equities Team.
  • It is in times of market volatility that so-called ‘quaint’ factors, which include cash generation, cash flow and low leverage, become the most sought-after company fundamentals.