Miller angles New Star Hedge Fund

The chief investment officer of New Star Asset Management Group, Alan Miller, has plans to expand his range of hedge funds. Miller has managed his product, now called the New Star Hedge Fund, since it started as a paper portfolio in 1996. Since its formal launch as the Jupiter Hedge Fund in 1997, the fund has delivered an annual compounded return of just over 37%. Until January 2001, Miller was a main board director and the head of Jupiter's specialist division, encompassing institutional, unit trust and hedge fund products. His move to join John Duffield in his new fund management com...