View more on these topics

Julian Gibbs

I have always been an admirer of Henderson&#39s fixed-interest team. Its preference & bond fund is the only fund in its sector rated AAA by Standard & Poor&#39s. It is run by Ian Dickson, who is celebrating 20 successful years managing the fund.

Henderson&#39s other fixed-interest funds are also excellent and it has just recruited Patrick Harrington to manage its UK equity Income fund. He spent 10 years managing M&G&#39s Charifund, which is second in its sector over the past five years and first over the past year.

Henderson has also launched a managed high-income Isa which is estimated to yield 7.5 per cent. This is a fund of funds investing in its fixed-interest funds and in its UK equity income fund.

The biggest holding in the initial portfolio is likely to be Henderson&#39s European high-yield bond fund (36 per cent), which should give investors currency gains as well as a high yield and capital appreciation.

The portfolio will also include the preference & bond fund (34 per cent), corporate bond fund (16 per cent) – a more conservatively managed fund – and UK equity income fund (12 per cent).

In this low interest rate environment, this product is ideal for elderly and conservative clients looking for a relatively high income with the likelihood of some capital appreciation.

I believe this Isa is really well thought-out and, under the management of John Sharman, who is responsible for asset allocation and currency strategy at Henderson Global Investors, should prove to be a winner.

This product, along with Henderson&#39s European and technology trusts, should put it near the top of IFAs&#39 recommendations lists.


Flight urges FSA to push troubled life offices into mergers

The FSA should urge troubled life offices to seek buyers and consider mergers to avoid a future Equitable Life-type debacle, says Conservative frontbencher Howard Flight. As the FSA moves towards redefining its role as the insurance regulator, Flight, the Shadow Paymaster General, says it should push life offices which have unreasonably high debt to asset […]

Bupa cashplan complements PMI

Bupa has designed a healthcare cash plan that aims to complement private medical insurance (PMI).There is just one level of cover but there is a range of premiums for different types of people. Single people pay £10 a month, single parents pay £13 a month, couples pay £17 a month and family cover costs £20 […]

Seasoned advice is needed amid the Isa anxiety

To believe some commentators, the only way that IFAs can stop clients going to the banks and building societies this Isa season, is to chain themselves to the door of their local branch. IFAs are not renowned for taking to the streets, so perhaps more creative solutions should be found. The first step might be […]

IFAs call on Equitable clients to accept deal

Many IFAs are telling their Equitable Life policyholders to back the final compromise deal which will prevent the insurer from edging closer to insolvency. IFAs say the deal represents the best option for most but not all policyholders and will help to keep the company stable. They predict an exodus of policyholders from the company […]

Planning now for the residence nil-rate band

Graeme Robb, senior technical manager at Prudential, writes about the residence nil-rate band and the advice opportunities it presents for you when tax year-end planning with your clients. On our Planning Matters hub, we considered a widow, Margaret, and a married couple, John and Anne, for whom the residence nil-rate band (RNRB) is influencing planning […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm