Henderson EuroTrust (LSE: HNE)

Last close As at 23/05/2024

GBP1.65

2.00 (1.23%)

Market capitalisation

GBP349m

Henderson EuroTrust aims to achieve a superior total return from a portfolio of European (excluding the UK) investments where the quality of the business is deemed to be high or significantly improving. HNE has an all-cap mandate but tends to have a bias towards large and medium-sized companies. ESG factors are embedded within the investment process.

Latest Insights

View More

Investment Companies | Flash note

Henderson EuroTrust — Proposed merger with Henderson European Focus Trust

Investment Companies | Update

Henderson EuroTrust — Good stock selection outweighing headwinds

Investment Companies | Review

Henderson EuroTrust — Performance is getting back on track

Investment Companies | Initiation

Henderson EuroTrust — Searching for mispriced quality

henderson

Equity Analyst

Melanie Jenner

Mel Jenner

Director, Investment Trusts

Key Management

  • Jamie Ross

    Fund manager

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 7.2 11.9 18.4
Relative 3.3 3.5 10.1
52 week high/low 164.5p/124.5p

Overview

On 14 March, the boards of Henderson European Focus Trust (HEFT) and Henderson EuroTrust (HNE) announced the proposed merger of the two companies to form Henderson European Trust. The resulting enlarged fund will be managed by Janus Henderson Investors’ (JHI’s) European equities team. There will be two co-managers, Tom O’Hara (currently co-lead manager of HEFT) and Jamie Ross (currently lead manager of HNE). While each co-manager has their own expertise, they share a fundamental investment philosophy and are expected to contribute their best ideas to the fund. If successful, the merger is expected to be completed by end June 2024.

Thematics

thematic

Investment Companies

UK stock market – Scope for further upside in UK large-cap stocks

thematic

Investment Companies

Listed private equity – Performing a balancing act

thematic

Investment Companies

European equities

thematic

Investment Companies

Listed Private Equity

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free