Henderson Credit Alpha G Grs Acc GB
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 49.88||Day Change||GBX -0.01 (-0.02%)|
|Price Date||9 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||1.70 %|
|Total Expense Ratio||0.00||Fund Size||488,362,124.05|
|Launch Date||02/07/2007||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.68||Sector||IMA UK Equity Income|
|Min Investment (£)||20,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BFDTFN64||Min TopUp (£)||2,000,000.00|
The Henderson Credit Alpha Fund is a long short credit fund primarily taking positions in credit default swaps and corporate bonds. The fund has a global opportunity set spanning high grade and high yield. Currency risk and interest rate risk are hedged using forwards, government bond futures and interest rate swaps.
Stephen Thariyan is the Global Head of Credit in charge of the 30-strong credit team of portfolio managers and analysts at Henderson. Prior to joining Henderson in 2007 as Head of Credit, Stephen was a portfolio manager at Rogge Global Partners responsible for investing in corporate bonds and credit derivatives globally. He was previously a director and senior analyst at NatWest Markets’ credit rating and research unit where he led teams of sector analysts in credit research. He started his career as an accountant at Ernst & Young in 1988 and later moved to become senior auditor at Chevron Corporation. Stephen graduated from the University of Newcastle-Upon-Tyne with a BA (Hons) in Accountancy and Financial Analysis.