New Star's head of multi-manager Mark Harris has handed over control of the Asia Portfolio to fellow team member Robert Jeffree.
This will leave Harris free to focus more on the other funds he runs which are the New Star Tactical, Active, Balanced, Managed and American Portfolios.
Jeffree, who joined the New Star fund of funds team in August 2006, will continue to work closely with Harris over a transitional period.
New Star has 39 UK retail funds and total funds under management of about £24.4bn.
To comment on this story contact:
Tel: 020 7034 2679
E-mail: [email protected]
Reduces chances of rate hike
'Following the letter, but not the spirit, of the rules'
70 Accredited firms in UK
Faster, cheaper, better?