Henderson launches absolute return fund

Henderson Global Investors is to launch a European Absolute Return Fund aimed at private banks, institutions and high net worth investors. The fund will invest in European companies and their related securities. The fund will be managed by Stephen Peak, director of European equities at Henderson and is expected to launch on 1 June 2001. Peak currently manages the TR European Growth investment trust which he has managed since 1990. The fund is the latest addition to Henderson's range of long/