Henderson Multi-Manager Funds - Under Review

FUND RESEARCH UPDATE: Fund Ratings moved to Under Review

Randal Goldsmith 18 April, 2016 | 5:36PM
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Following the announcement that Bill McQuaker is leaving Henderson Global Investors to join Fidelity later this year, we have placed four Morningstar Analyst Ratings Under Review:

Henderson Multi-Manager Active

Henderson Multi-Manager Distribution

Henderson Multi-Manager Income & Growth

Henderson Multi-Manager Managed

All four funds previously held a Bronze rating

Paul O’Connor, who was co-head of the Henderson Multi-Asset team with McQuaker, becomes sole head with immediate effect. O’Connor has been involved in the multi-manager funds’ tactical allocation decisions with McQuaker since the beginning of 2015, while the team’s Director of Research Chris Payne has taken the lead on strategic allocation. Previously McQuaker had sole responsibility for asset allocation. We are meeting with O’Connor in short order to understand the implications of McQuaker’s departure.

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.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Janus Henderson Mlt-Mgr Active A Acc271.41 GBP-0.51Rating
Janus Henderson Mlt-Mgr Distr A Inc139.20 GBP-0.07Rating
Janus Henderson Mlt-Mgr Inc & Gr A Inc161.40 GBP-0.19Rating
Janus Henderson Mlt-Mgr Managed A Acc330.21 GBP-0.45Rating

About Author

Randal Goldsmith  is a Manager Research Analyst with Morningstar.