New Star is planning to merge its £28.2m Tri-Star Unit Trust into its £47.6m Cautious Portfolio Unit Trust on August 8, 2008, subject to Financial Services Authority and investor approval.
The merged fund will be run by Craig Heron, the current manager of the Cautious Portfolio. The move is part of the group's continuing programme to rationalise its fund range and is designed to improve...
Feasibility study due
'Let’s be bold enough to demand change'
Joint life second death option added to relieve tax burden on couples gifting assets
Backed by Schroders, LGIM and the IA
New system for funds without without three-year track record