New Star's contrarian approach

Toby Thompson is to utilise the contrarian style that marked his tenure on the Newton Higher Income fund on New Star's Higher Income fund when it launches on 4 February. In an exclusive interview with Investment Week, Thompson, who joined John Duffield's asset management firm on 1 January, said he is not daunted by life without Newton's famous research resources. Thompson's move was one of the highest profile of 2001. During his time managing the Standard & Poor's AAA-rated Newton fund, from 1 April 1996 to 2 July 2001, it was ranked third in the UK equity income sector. Over this time ...