Hints and tips:
...Selling in junk bonds “stopped on a dime” after the Fed announcement, said Elaine Stokes, senior portfolio manager at Loomis Sayles....
...richard.henderson@ft.com...
...James Henderson, chief executive of Bell Pottinger, has resigned after the PR business was accused of stirring up racial hatred in South Africa....
...“It seems from the price action that there is a lot more concern about the UK following comments about ‘hard Brexit’,” said Mitul Patel, head of interest rates at Henderson Global Investors....
...“The fact that their first attempt to buy long-dated gilts has failed raises significant question marks,” said Mitul Patel, head of interest rates at Henderson Global Investors....
...Mitul Patel, head of interest rates at Henderson says the market expects UK interest rates to fall to close to 0 per cent....
...“We have been having a lot of very unexpected conversations,” says Andrew Mulliner, fixed income portfolio manager at Henderson Global Investors....
...Matthew Beesley, head of global equities at Henderson Global Investors, says: “This low interest rate environment creates an incentive for companies to borrow for many reasons, including to do buybacks....
...the next Monetary Policy Committee meeting is only three weeks away you can see why investors thought Carney would avoid action now and wait for more data,” said Mitul Patel, head of interest rates at Henderson...
...“What is happening in global bond markets is being driven by Europe,” said James McAlevey, head of interest rates at Henderson Global Investors....
...“How much this matters across wider markets and how long it will last is something strategists are wrestling with,” said James McAlevey, head of interest rates at Henderson Global Investors....
...“There is a gaping hole between where government bond yields are and where growth expectations are, and that distortion has come from central banks,” says James McAlevey, head of interest rates at Henderson...
...“It’s extraordinary,” says James McAlevey, head of rates at Henderson Global Investors. “There has clearly been a change in investor psychology.”...
...Aiding the country’s appeal is broader investor optimism on possible action by the European Central Bank to support the eurozone economy, said Adrian Pankiw, economic analyst at Henderson Global Investors...
...Aberdeen Asset Management, Schroders and Henderson Global Investors are all backing equities as many of their funds increase exposure to stocks....
...In the open-ended fund universe, Henderson’s £396m Global Technology fund is the largest, having outperformed the tech fund sector since its inception in 2001....
...They range from a rise of more than 40 per cent from Henderson Credit Alpha, to a declineof close to 20 per cent from the SVM UK Absolute Alpha fund....
...Some houses, like JPMorgan, BlackRock and Henderson, are seeking to address that gap but others do little more promotion than print out a few plastic bags now and again.”...
...A spokesperson for Henderson points out that all its senior directors hold significant investments in Henderson itself, and argues that their interests are aligned with shareholders’....
...Henderson Mainstream UK Equity, by contrast, has one of the lowest turnover ratios, and returned -3.57 per cent....
...Retail investors who wish to avoid the risks of day trading may be more interested in actively managed currency funds, such as those offered by Fidelity, Schroders or Henderson....
...Tony Dolphin, former chief economist at Henderson Global Investors, is in this category....
...James Henderson, manager of the UK Equity Income Fund at Henderson Global Investors, says dividends are coming up to his best expectations and his forecasts for their short-term prospects are encouraging...
...“There is renewed anxiety about global financial stability,” says Ian Henderson, manager of JPMorgan Asset Management’s Natural Resources fund....
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