Hendersons prepares Euro Micro trust

Henderson Investors is in the middle of placing shares for the launch of its latest investment trust run by Stephen Peak. As reported in Investment Week in June, Henderson European Micro will invest in companies with market caps below £150m and part of the portfolio will consist of IPOs. Hendersons said it would announce the initial size of the trust on 1 September. Peak already runs the £856m TR European Growth investment trust. It invests in medium to smaller companies whose market caps are generally above £150m. When managing TR European Growth, Peak concentrates on five main areas of ...