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No Light at the End of the Tunnel Yet

In Edison Group's The Henderson Smaller Companies Investment Trust plc (HSL) initiation note in June, it highlighted the strong features the company brings to investment in UK small and mid caps, notably an experienced manager and team, an efficacious process and competitive fees. So far, 2022 has been the second most difficult year that the lead manager, Neil Hermon, has experienced in his near 20-year tenure at HSL and in his 33-year smallcap investing career overall (the most difficult being during the global financial crisis). In this adverse investment environment investors can be reassured by HSL’s experienced management team and established investment process, honed over many years and through multiple investment cycles.

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