New Star has announced Dan Ford will join the firm as product development director in January.
The Bank of England's financial backing for Northern Rock is rapidly approaching £13bn, according to New Star economist Simon Ward.
New Star Asset Management announced a strong first half with net UK retail sales up 54% to £1.1bn for the six months to June 30.
The New Star International Property fund has passed £300m under management in the three months since launch.
New Star Asset Management is going out to Africa for its new fund.
New Star Asset Management Group says that trading has been ‘buoyant' in the first half of 2007, despite unsettled equity and bond markets.
New Star has announced the appointments of Simon Hillenbrand as UK retail sales managing director and Stephen Yiu to the UK Alpha Fund team.
New Star has recruited Robin White to run a hedge fund investing mainly in property securities for launch in Q4 2007.
The New Star International Property fund is now available on the Skandia and FundsNetwork platforms.
Gartmore has snared New Star Asset Management's former UK retail sales and marketing managing director Phil Wagstaff.