Henderson European Growth - Neutral

FUND RESEARCH UPDATE: Fund rating moved to Neutral

Samuel Meakin 7 December, 2015 | 8:15PM
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Following a recent Morningstar Analyst Ratings Meeting, we have moved the Henderson European Growth fund to a Morningstar Analyst Rating™ of Neutral. The fund was previously Under Review following Richard Pease’s departure from Henderson. Simon Rowe, co-manager alongside Pease prior to the latter’s departure, took up sole management of the fund in October 2014.  James Milne, who provided dedicated analytical support on this strategy, also departed with Pease. Whilst we think highly of Rowe’s capability as an investor, we would like to see further evidence of how he makes use of the resources available to him in the wider European research team at Henderson, given the drop in dedicated support on the fund.

See the latest Morningstar fund rating news here.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Janus Henderson European Gr A Acc355.02 GBP0.80Rating

About Author

Samuel Meakin  is a fund analyst for Morningstar

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