New Star accumulates £130m for High Income

New Star's High Income fund has taken more than £130m since its launch in February. At the time of going to press, the fund had taken £127m but, with Pep transfers still being processed, the figure could rise to as much as £135m, according to Mark Skinner, managing director of sales and marketing. He said roughly 30% of sales were in Isa wrappers, while 60% were Oeic lump sums, with the remainder made up by Pep Isa transfers.