Henderson keeps faith with dividend growth approach

Since taking over in 2005, James Henderson has brought the fund in line with Lowland investment trust by boosting its small and mid-cap positions

Since taking over Henderson UK Equity Income in January 2005, James Henderson has brought the portfolio in line with his long-standing Lowland investment trust mandate. The process screens a broad universe of UK stocks on basic valuation criteria to find pricing anomalies. Top-ranking stocks are then subject to further analysis, emphasising price/book and turnover/market cap, with Henderson drawing on in-house analysts and broker research to shortlist potential holdings. Over three years to 14 January, the vehicle returned 35.6% against a UK Equity Income sector average of 33% ranking...