James Henderson, who (with Laura Foll) manages the Henderson Opportunities Trust and the Law Debenture investment trusts, as well as the open-ended Janus Henderson UK Equity Income & Growth fund, is a fan of UK banks.
Meanwhile, banks will also be able to start paying dividends again after the government told them to stop last year in order to preserve capital amid lockdown. In turn that will allow the trusts to keep paying dividends without raiding their capital reserves (investment trusts can retain income and pay it out during leaner periods).
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