HENDERSON UK ABSOLUTE RETURN R - Manager
Bestinvest rating
Average monthly relative returns
|
Bestinvest MRI
|
|
07/08
|
08/09
|
09/10
|
10/11
|
11/12
|
|
3 years
|
5 years
|
Career
|
3 years
|
5 years
|
Career
|
|
-0.25%
|
–
|
0.75%
|
0.38%
|
-0.16%
|
|
0.32%
|
–
|
0.66%
|
99.2%
|
0.0%
|
100.0%
|
|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
|
Ben Wallace
 "Photo of Ben Wallace")
Wallace joined Henderson in 2011 following their acquisition of Gartmore - he is an investment manager responsible for managing UK absolute return strategies. Prior to joining Gartmore in 2002, he worked at Deutsche Asset Management, where he managed UK equity funds from 1997, working with Adrian Frost, now of Artemis. In 1996 he graduated from Edinburgh University with a BComm in Business Studies. He is also a member of the UK Society of Investment Professionals.
Track record
Ben Wallace has 7.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.66%.
During the worst period of relative performance (from April 2007 - December 2007) there was a decline of 7% relative to the index. The worst absolute loss has been 10%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is more than 99%.
Other funds managed
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Start Date |
HENDERSON GARTMORE UK ABSOLUTE RETURN GBP
|
–
|
HENDERSON UK ABSOLUTE RETURN R
|
Apr 2009
|
| Periods of worst performance |
|
Absolute
|
-10%
(May 2007 - March 2008)
|
|
Relative
|
-7%
(April 2007 - December 2007)
|
Sector record since
March 2005 (7 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach