Argonaut to re-launch European income fund after Russ departure

Argonaut Capital is set to launch a European Income fund at the beginning of the year, which will be run by Greg Bennett who also co-manages more than £500m in the European Alpha and Absolute Return funds alongside Argonaut founder Barry Norris. Bennett tells Investment Adviser that the fund’s asset allocation will focus on the ‘unloved’ areas of the European market, favouring banks, but avoiding the energy sector.