Fund buyers review resources funds as JPMAM's Henderson steps down

Henderson will hand reins of the fund to Neil Gregson who has worked with him for a year.

Last week’s announcement star manager Ian Henderson will be stepping down from J.P. Morgan’s £2bn Natural Resources fund has led some wealth managers to consider alternative funds. Neil Gregson will replace Ian Henderson next year, but although Gregson has worked alongside the commodities veteran for the past 12 months, fund buyers have suggested a number of alternatives for investors looking to diversify their holdings. Lee Robertson, CEO at wealth manager Investment Quorum, sold out of JPM Natural Resources earlier this month due to a bearish view on the commodities market as a who...