Sponsored byHenderson Investment Trusts Business and finance 27 January 2021 Valuation will matter Ollie Beckett, Fund Manager of TR European Growth Trust, delivers an update on the Trust and how the portfolio is positioned considering the recent Brexit deal. Ollie also discusses why he believes valuation and European smaller companies may benefit from a pickup in economic growth in the new year. shutterstock/katjen Sign UpGet the New Statesman\'s Morning Call email. Sign-up Before investing in an investment trust referred to in this document, you should satisfy yourself as to its suitability and the risks involved, you may wish to consult a financial adviser. [Past performance is not a guide to future performance]. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested. [Tax assumptions and reliefs depend upon an investor’s particular circumstances and may change if those circumstances or the law change]. Nothing in this document is intended to or should be construed as advice. Find out more about TR European Growth Trust. You can also register for updates and follow us on Twitter and LinkedIn. This document is not a recommendation to sell or purchase any investment. It does not form part of any contract for the sale or purchase of any investment. [We may record telephone calls for our mutual protection, to improve customer service and for regulatory record keeping purposes.] Issued in the UK by Janus Henderson Investors. Janus Henderson Investors is the name under which investment products and services are provided by Janus Capital International Limited (reg no. 3594615), Henderson Global Investors Limited (reg. no. 906355), Henderson Investment Funds Limited (reg. no. 2678531), Henderson Equity Partners Limited (reg. no.2606646), (each registered in England and Wales at 201 Bishopsgate, London EC2M 3AE and regulated by the Financial Conduct Authority) and Henderson Management S.A. (reg no. B22848 at 2 Rue de Bitbourg, L-1273, Luxembourg and regulated by the Commission de Surveillance du Secteur Financier). › What we learned from this week's PMQs Subscribe For more great writing from our award-winning journalists subscribe for just £1 per month!