European Special Sits launch in pipeline for Pease

Henderson New Star is planning a new launch for Richard Pease, expected to take the form of a Europe...

Henderson New Star is planning a new launch for Richard Pease, expected to take the form of a European Special Situations vehicle. The fund is expected to be a smaller and more flexible mirror version of his £469m European Growth portfolio, which will see Pease taking advantage of companies he believes are fundamentally sound, however, have been punished or sold off due to negative market sentiment.