27 January 2021 | 08:25am
StockMarketWire.com - Investment trust The Henderson Smaller Companies Investment Trust reported first-half returns that just missed its benchmark performance.
Net asset value total return was 20.6%, compared with a total return from the its Numis smaller companies index total return of 20.8%
The company said it had outperformed its AIC Uk smaller companies sector peer group average by 6.3%.
The company maintained its interim dividend of 7.0 pence per share. Looking forward into 2021, the roll out of the Covid-19 vaccines may result in a return to some sort of normality and the Brexit free trade deal means that business can continue with Europe, albeit with an increase in paperwork, the company said.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
comments
Neil Hermon, fund manager of the Henderson Smaller Companies Investment Trust, explains how his approach to ESG investing is (and has always been) embedded in his investment process - and why he believes it has helped the trust deliver returns that saw it beat its benchmark in 15 out of 17 years.
Neil Hermon, manager of the Henderson Smaller Companies Investment Trust
In recent years the letters E, S and G have never been uttered more.
These letters in the context of investing stand for environmental, social and governance and we welcome the fact that they are gaining so much prominence.
About Paul Manduca Paul is currently Chairman of Prudential plc, a position he has held since July 2012, having joined the Board as Senior Independent Director in October 2010. He is due to step down from Prudential plc on 31 December 2020. He has served as chairman of the Association of Investment Companies (1991 to 1993), founding CEO of Threadneedle Asset Management Limited (1994 to 1999), global CEO of Rothschild Asset Management (1999 to 2002), and director of Eagle Star and Allied Dunbar, as well as holding the offices of European CEO of Deutsche Asset Management (2002 to 2005), chairman of Bridgewell Group plc and a director of Henderson Smaller Companies Investment Trust plc.