Ben Lofthouse, Portfolio Manager of Henderson International Income Trust, discusses how he is navigating the current market environment, how companies within the portfolio are dealing with rising input costs to sustain margins, and explores the pros and cons of nearshoring.

Key takeaways:

  • Despite what has proved to be a challenging market environment, the Henderson International Income Trust has held up relatively well, benefiting from its globally diversified positioning.

  • In order to sustain margins and remain competitive, companies have been raising prices to deal with higher labour, energy, shipping, and raw material costs.

  • The Covid-19 pandemic highlighted the fragility of global supply chains and to build resilience within their processes, businesses have been bringing certain aspects of their manufacturing closer to home – a process known as nearshoring.