New Henderson fund

Henderson Global Investors is set to launch its latest hedge fund, a Europe including UK long/short equity strategy vehicle to be managed by Stephen Peak.

The European Absolute Return fund will be based on a dummy portfolio Peak has been running for a number of months.

The strategy will be driven by a search for misvaluations, with an emphasis on stockpicking. This will be supported by a pragmatic investment process, involving a systematic, multi-level evaluation of the macro environment, stock