New Star funds dropped as firm's future remains uncertain

New Star funds dropped as its future remains unclear

Story by: Sharon Flaherty, FTAdviser

New Star Asset Management has been dropped from a list of funds being recommended by financial advisers, due to the uncertainty surrounding the future of the company.

  • Time published: 12.52
  • Date published: 03.12.2008
  • Published in: Regulation

New Star creditors to take 75 per cent stake

New Star has proposed a restructuring of the business which will see it give its bank syndicate a 75 per cent stake in the company.

  • Date published: 03.12.2008

Barclays Wealth launches Defined Returns Plan

Barclays Wealth has launched a new issue of its Defined Returns Plan (DRP) against a backdrop of falling interest rates and continuing market volatility.

  • Date published: 03.12.2008

MVRs highlight plight of investment bonds

The reintroduction of market value reductions (MVRs) on with-profits bonds, is highlighting the value of investment bonds with unit-linked guarantees, MetLife has said.

  • Date published: 03.12.2008

Hedge funds need to be more transparent: IAM

Hedge funds will need to be more transparent in 2009 after a rocky year for the industry, warned fund of hedge funds manager International Asset Management (IAM).

  • Date published: 02.12.2008

Caledonia chairman passes away

Peter Buckley, chairman of Caledonia Investments, died this morning (2 December) following a short illness.

  • Date published: 02.12.2008

IFAs' confidence in US equities returns

The majority of IFAs now favour the American equity market, in a dramatic turnaround in confidence from this time last year.

  • Date published: 02.12.2008

Credit Suisse to slash 650 UK investment banking jobs

Troubled Swiss banking giant Credit Suisse has confirmed it is to axe 650 jobs from its UK workforce, mainly in investment banking.

  • Date published: 02.12.2008

Standard Life pays out £88.6m in interim dividends

Standard Life is set to dish out £88.6m in interim dividends to shareholders this year.

  • Date published: 02.12.2008

RWC Partners to launch convertible bond fund

RWC Partners is planning to roll out a convertible bond fund to take advantage of pricing anomalies in the asset class.

  • Date published: 01.12.2008

Focus on balanced funds and bonds to ride out recession

Balanced funds and bonds are the hot tickets to ride out the recession, according to Fidelity International.

  • Date published: 01.12.2008

Feature

Moving to quality, the current market will sort the wheat from the chaff

JPMorgan Asset Management managing director Campbell Fleming talks to Stephen Wilmot about remaining an optimist in the current downturn

  • Time published: 00.01
  • Date published: 01.12.2008
  • Published in: Investments

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Feature

An optimist in a time of pessimism

Jupiter Income trust manager Anthony Nutt talks to Nick Rice about making the best out of bad numbers - and maintaining his star status

  • Time published: 00.01
  • Date published: 01.12.2008
  • Published in: Investments

Feature

In search of good things to buy

M&G's Richard Woolnough talks to Stephen Wilmot about the lure of some financials and hunting for stocks hurt in the sell-off

  • Time published: 00.01
  • Date published: 01.12.2008
  • Published in: Investments

Feature

Going against the flow in a falling market

Aegon fund support manager Iain Buckle talks to Anna Lawlor about sticking to securitised debt in a volatile environment

  • Time published: 00.01
  • Date published: 01.12.2008
  • Published in: Investments

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