New Star Higher Income, the fund being managed by Toby Thompson, has raised £96.2m during its thre...
New Star Higher Income, the fund being managed by Toby Thompson, has raised £96.2m during its three-week offer period and is set to be one of the most successful Isa funds this season. Since launch in July 2001, New Star has now attracted more than £500m in retail sales from more than 50,000 investors. John Duffield, chairman of New Star, described the launch as a phenomenal success, given the fact market sentiment is so low. "It is very encouraging that so many advisers and investors share my belief that equity income funds, which will deliver capital growth and rising inco...
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