John Duffield

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.

John Duffield, the founder of New Star, will not be appearing in court during the case brought against his former company by Patrick Evershed, Investment Week, IFAonline's sister title, understands.

Former New Star fund manager Patrick Evershed can proceed with a lawsuit over claims he was bullied by company founder John Duffield, a London court said.

Former New Star fund manager Patrick Evershed is due to appear at the Court of Appeal today to defend a court ruling that his unfair dismissal case falls under whistleblowing laws.

Former New Star Asset Management founder John Duffield has unveiled further details of his new Brompton Asset Management venture.

New Star Asset Management suffered a 44% fall in operating profit in the first half of the year, as investors stripped approximately £1.1bn from its fund range.

New Star will push ahead with its lock-in performance-based employee stock plan after receiving 89.14% shareholder approval.

New Star will issue 35m new shares to key employees under its new performance-based share plan.

Skandia Investment Management Ltd (SIML) is predicting it will take £30m in the first month into its latest best ideas fund which launches today.

Angus Tulloch was named as Fund Manager of the Decade and John Duffield picked up the award for Outstanding Achievement to the UK Mutual Funds Industry at the 10th annual Fund Manager of the Year awards.