Henderson Horizon Euro Corporate Bond - Bronze

FUND RESEARCH UPDATE: Fund Rating moved to Bronze

Ashis Dash 29 February, 2016 | 7:08AM

Following a recent Morningstar Analyst Ratings meeting, we have reinstated the Henderson Horizon – Euro Corporate Bond fund’s Morningstar Analyst Rating™ of Bronze. The fund’s rating was previously Under Review following the news that manager Chris Bullock would be leaving Henderson at the end of 2015. While Stephen Thariyan continues to serve as a co-manager, Tom Ross has taken over the day-to-day duties for the fund after Bullock’s departure. Although Ross was named manager on this fund only in August 2015, the three had worked closely for almost a decade managing a number of mandates together, including this fund since its inception. The management continuity provided by Thariyan and Ross along with a recently reinforced investment team, that continues to apply the same bottom-up focused approach, alleviate our concerns following Bullock’s departure. We therefore reinstate our Bronze rating.

 

See the latest Morningstar fund rating news here.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Janus Henderson Hrzn Euro Corp Bd A2 EUR164.44 EUR-0.03

About Author

Ashis Dash  is a Morningstar Fund Analyst

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