Hendersons takes a long view

conference

group manager differentiates Uk Equity income fund by upping holding to almost 100 stocks

In contrast to the rash of focused funds launched in recent years, income manager at Henderson Global Investors James Henderson prefers to run long lists of small holdings. Long-time manager of the Lowland investment trust, Henderson took over the group's open-ended UK Equity Income fund from Patrick Harrington in January 2005. A contrarian by nature, Henderson is not what he calls a conviction manager as he feels that if someone has total conviction in a stock, it is possibly too late to be getting into the company. Speaking at the recent Investment Week Investment Forum, he said a lo...