Pharmaceuticals and banking stocks are in favour with Henderson Eurotrust manager Tim Stevenson as h...
Pharmaceuticals and banking stocks are in favour with Henderson Eurotrust manager Tim Stevenson as he releases interim results showing the vehicle outperformed its benchmark. The company posted a total return of 13.7% compared to 10.8% for its benchmark FT World Europe (ex UK) index for the six months to the end of January. Stevenson said: "We concentrate on the 50 most interesting stocks in Europe at any one time. If it is not interesting, it is not in the portfolio. "Banks and pharmaceuticals both have potential at the moment." Much of the investment trust's performance has come fr...
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