Too much with Hendersons?

ANGLICANPAT

With Hendersons having inherited New Star I now seem to have quite a few funds with them . I already had Hendersons Preference and Bond, and now theres my New Star Extra High yield bond, New Star Technology, and New star Equity Income all in the Henderson bag. Is that wise? Doesnt feel it , but I dont know.
Should I give Hendersons a chance to bring them up, or would I be better transferring one or two, to funds elsewhere in the same risk catagory? Ive given Pref and Bond plenty of time to come up, maybe its definitely time to dump that one?

dunstonh

all in the Henderson bag. Is that wise? Doesnt feel it , but I dont know.

You are not investing in hendersons. You are investing in their funds. Unit linked funds are usually ringfenced from the assets of the company and held under a trust arrangement.

You dont say how much you have with them so its difficult to comment. There is some FSCS protection for investments but for unit linked funds its often irrelevant.

ANGLICANPAT

Thanks, I hadnt appreciated they were ringfenced.