New Star

Why we dodged the fund pricing shakedown

As the offer period on Neil Woodford's new fund comes to an end, Investment Week asks what he needs to do to beat the most successful launches ever.

Schroders today announced it is in talks with Cazenove Capital about a potential takeover of the group, as the FTSE 100 giant moves to fill a Richard Buxton-shaped hole in its UK equity desk.

The board of the New Star investment trust - now run by John Duffield's Brompton Asset Management - has predicted a pull-back in markets following the recent run higher.

Thirty-year industry veteran Richard Pease is director of European equities at Henderson, sole manager of the £402m European Special Situations fund and co-manager of the £828m European Growth fund.

Henderson's Richard Pease has named New Star founder John Duffield as the person who has had the greatest influence on his career.

Former Ardevora partner Rob Page is to join Hermes Fund Managers as head of marketing and communications, as the institutional house pushes into the UK wholesale market for the first time.

John Duffield's firm Brompton Asset Management is to launch three multi-manager funds into the market, marking his first foray back into the retail space since the sale of New Star.

FUND SELECTION

The former New Star duo running boutique Querns Asset Managers have renamed their first offering from the business and changed its investment objective.