Ex New Star bond chief Zemek "also bullied" by Duffield

clock

Former New Star CIO Theo Zemek claimed she was bullied by firm founder John Duffield, echoing allegations made by her ex-colleague Patrick Evershed, according to the lawyer acting for Evershed.

Zemek, now working at Axa Investment Managers where she is global head of fixed income, worked at New Star prior to its takeover by Henderson. She left in 2007. According to Daphne Romney, Evershed's lawyer, Zemek has given "a compelling account of how she herself was bullied by Duffield". While Zemek has given a witness statement she may not be allowed to take part in the case after missing the deadline for submitting it. The tribunal chairman will decide shortly whether she will be able to participate as her evidence was only submitted to the court on 2 November. The lawyer actin...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Investment

Watch Professional Adviser's Working Lunch with Baillie Gifford - Enduring Growth in a Changing World

Watch Professional Adviser's Working Lunch with Baillie Gifford - Enduring Growth in a Changing World

Catch up on the discussion

Professional Adviser
clock 21 August 2025 • 1 min read
PA Awards 2025: Why MyFolio Index came out top as Best Risk Targeted Range of Funds

PA Awards 2025: Why MyFolio Index came out top as Best Risk Targeted Range of Funds

Aberdeen Investments Senior Investment Director and Head of Managed & Model Solutions Justin Jones shares what sets MyFolio Index apart following its Best Risk Targeted Range of Funds award win at the Professional Adviser Awards 2025.

Professional Adviser
clock 19 August 2025 • 3 min read
Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read