stephen whittaker ups new star uk growth's exposure to financials, construction and retail
Stephen Whittaker, the manager charged with turning around poor performance of the New Star UK Growth fund, has spent his first week on the job revamping the portfolio. Whittaker, who joined New Star last week, expects the portfolio will be fully as he wants it by the end of this week and will closely represent the strong performing UK Growth fund he left behind at Invesco Perpetual. Whittaker replaced Alan Miller as manager on the New Star fund, which is ranked fourth quartile in its sector since launch. Miller is to concentrate on running hedge funds and his role as chief investment...
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