New Star

New Star founder and chairman John Duffield will leave the ailing fund manager, the FT reports.

Neptune chief Robin Geffen has warned New Star's proposed staff incentive package may not be enough to keep all its top managers at the firm.

New Star has announced it will de-list from the stock market and be majority owned by its banking syndicate.

Fears over the future of New Star's top managers are growing this morning as the troubled fund house remains silent on its future.

New Star's share price has plummeted over 70% this morning following news the beleaguered fund manager was in "advanced and constructive" talks with its bank syndicate.

New Star has suspended trading on its £674m International Property fund.

New Star chairman John Duffield has admitted his firm has been "too slow" in reacting to market declines, as it announced a major fund reshuffle and the departure of CIO Stephen Whittaker.

Skandia is replacing several managers on its Global and UK Best Ideas funds who have failed to live up to its performance requirements.

New Star Asset Management has suffered over £700m in redemptions from retail investors since 30 June this year, as market volatility continues to have a "significant impact" on the business.

AXA IM fund veteran Theo Zemek believes ‘scary' markets will prompt a call for a 'back to basics' approach to investment with shock waves not over yet for investors.