New Star appoints new head of global property

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NEW Star Investment Funds has appointed Stuart Webster, chief investment officer for European Core and Core Plus Funds at Citigroup Property Investors in London, as its new head of global property.

Webster, who will join New Star in May 2007, will also manage the firm’s institutional Global Property fund. He will report to Roger Dossett, chief executive of property asset management at New Star. In addition to managing the Global Property fund, Webster will assist Dossett in managing the New Star International Property fund which is to be launched later this year. The fund will be the UK’s first FSA authorised retail commercial property fund to access bricks and mortar across Europe and Asia Pacific. Dossett said: “I am delighted that Stuart is joining New Star. His excellen...

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