nstitutional team to provide asset allocation for new product
New Star Asset Management is offering the asset allocation skills of its institutional team to the retail market with a fund of internal funds benchmarked two-thirds equities and the rest bonds. This launch is set to be the start of a series of offshore initiatives for the companies that could include restructuring its Luxembourg range, launch- ing an external fund of funds and launching a fund of hedge funds. However, for the moment, New Star will be focusing on the new product, the Dublin-based Global Managed Fund, which is aimed squarely at the international advisory market with a $...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
