Henderson UK Opportunities fund manager Mileen Rash is to be replaced by Stephen Peak. Rash's £60...
Henderson UK Opportunities fund manager Mileen Rash is to be replaced by Stephen Peak. Rash's £60m fund is currently underperforming its peers. It is down 40.4 % over three years compared to the sector average for the IMA UK All Companies sector, which is down 18.2%, according to Morningstar data up until 19 January 2009. Peak currently runs the £210m TR European Growth Trust at Henderson Global Investors. The Henderson UK Opportunities has a portfolio of around 40-70 stocks and takes high conviction positions in undervalued companies whose potential for earnings growth or recovery is...
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