Henderson's Bennett flirts with depressed oil majors
Europe not cheap and can correct another 10% before his views change, says veteran fund manager
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Singapore
EVEN as European stocks remain expensive, depressed oil supermajors have piqued the interest of John Bennett, director of European equities at Henderson Global Investors.
The veteran fund manager has been buying the listed oil producing and refining giants, though he cautions he lacks conviction and his positions are small.
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