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Group Milestones

JUNE 2000
New Star is founded


New Star acquires WorldInvest, a London-based global investment manager, now renamed New Star Institutional Managers

JULY 2001
First two core retail products launched, raising a UK record for an open-ended fund launch of more than 251m during a three-week offer period

New Star purchases contracts to manage fixed income, equity income and technology funds from Aberdeen Asset Management (approximately 1.7bn)

New Star purchases contracts to manage investment-trust-based funds from Exeter Fund Managers (approximately 840m)

New Star purchases contracts to manage retail funds formerly managed by Edinburgh Fund Managers (approximately 840m)

New Star became the biggest independent retail fund management group in the UK, with 4.4bn funds under Management (Source: Investment Management Association ranking of fund managers by UK funds under management in unit trusts, Oeics, Peps and Isas at December 30, 2003)

New Star was listed on the London Stock Exchange’s Alternative Investment Market

JULY 2001
First two core retail products launched, raising a UK record for an open-ended fund launch of more than 251m during a three-week offer period


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