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New Star’s Richard Pease to join Henderson

New Star European fund manager Richard Pease is to join Henderson along with the rest of the firm’s European team.

Pease has managed the £468.8m European growth fund since its launch in July 2001 and is currently top quartile in the IMA Europe ex-UK sector over three years.

He is to be joined by the rest of the New Star European team, which includes Nick Sheridan, who manages the £5m European value fund.

Pease gave a strong indicator that he would join Henderson when it was revealed recently that he had invested £0.5m into his own fund.

He says: “I am pleased to confirm I will be joining Henderson along with my European colleagues – subject to the completion of the deal – in early April. In business, confidence is very important and I am therefore delighted the deal with Henderson now provides a stable environment from which managers can operate.”

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