European Special Sits launch in pipeline for Pease

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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. It will allow Pease to pursue companies he believes are fundamentally sound but have been punished or sold off due to negative market sentiment. IFAonline

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