Calls for financials sector

De Blonay runs the £186.31m New Star Global Financials fund which invests principally in the securities of financial service companies both in the UK and internationally. The portfolio is first quartile over three years and one year compared with other funds in the IMA Specialist sector, according to Lipper data up until October 31 2006, (bid-to-bid). However, de Blonay said it was time the IMA represented funds like his more effectively and removed Financials from a sector which contained funds as diverse as property and Latin America. He said: “The IMA specialist sector is not fair...