New Star considers loyalty scheme in marketing drive

Professional Adviser
clock

New Star Asset Management is looking at the feasibility of offering loyalty bonuses for investors mo...

New Star Asset Management is looking at the feasibility of offering loyalty bonuses for investors moving assets from Jupiter to remain with the former-Jupiter managers now at New Star, writes Robert Stock. The move is aimed at drawing investors across to invest in the UK Growth and European unit trusts that New Star is to launch this summer. The UK Growth fund will be run by ex-Jupiter manager Alan Miller, who also manages the New Star Investment Trust and is to run the New Star hedge fund. Investment Week understands the European fund is to be run by former-Jupiter manager Richard Pease....

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •