Henderson New Star will launch its European Special Situations fund for Richard Pease on 1 October.
The first fund to be launched by the group since Henderson's acquisition of New Star, European Special Situations will be capped at about £500m to allow a bias towards the small and mid cap market.
It will hold relatively concentrated portfolio of 35 to 55 stocks.
More to follow...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected