Stock data
| Market cap. | £55.8m |
| Last close | 347.00p |
| High / Low (52 weeks) | 499.0p / 315.2p |
| Stock market listing | LSE |
| Forecast net debt (m) | N/A |
| Forecast gearing ratio (%) | N/A |
| Team | Investment Companies & Trusts |
| Sector | Investment Trusts |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (3.48) | (1.56) | (28.16) |
| Relative * | 1.26 | 6.52 | (21.05) |
* % Relative to local index
Other companies covered in sector
Latest research
New management house, same management team
Review | Investment Trusts | 28/09/2011
Business as usual
Review | Investment Trusts | 05/11/2010
A solid performance, with further scope to provide good returns
Review | Investment Trusts | 10/06/2010
Strong performance, with further scope to deliver good returns
Update | Investment Trusts | 07/09/2009
Turbulent times throw up opportunities to fly
Update | Investment Trusts | 11/03/2009
Investment summary
The move to Henderson Global Investors is now complete and Harmesh Suniara remains lead manager of Henderson Fledgling Trust (HFT). Formerly Gartmore Fledgling Trust, the name was changed in June 2011 to reflect the move. However, the team responsible for managing HFT remains intact, and a distinct unit within Henderson’s operations. We believe the uncertainty surrounding Gartmore and the trust’s management will have done nothing to help share price performance and Henderson now intends to step up the marketing of the trust. Valuations are attractive in a historical context based on consensus expectations and the manager also sees attractive M&A potential.
Last updated on 28/09/2011
Key management
| Jimmy West, Chairman |
| Harmesh Suniara, Fund manager |
| Adam McConkey , Fund manager |
Company address
| 201 Bishopsgate London EC2M 3AE United Kingdom +44 (0)20 7818 1818 View website |
