View more on these topics

Henderson New Star confirms fund mergers

Henderson New Star has received shareholder and unitholder approval to merge three of the funds within the New Star range.

The firm’s £127.5m New Star equity income fund will merge into the £149m New Star higher income fund manaed by Graham Kitchen and Andrew Jones, while the £11m hidden value and £32 select opportunities fund will be merged into the £155m New Star Uk Alpha fund managed by Stephen Peak.

Both funds were suspended from dealing yesterday and will resume on September 1, 2009.

Henderson acquired New Star on April 9, 2009. The Henderson New Star fund ranges will remain on separate administration platforms until full administration integration takes place in 2010.


Tøraasen moves to Thames River

Thames River Capital has appointed Trygve Tøraasen as a fund manager on its European equities team. He will manage the Thames River European fund alongside Carlos Moreno.

Health - thumbnail

Absence management systems gone AWOL from UK’s SMEs, reports Jelf

A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.


News and expert analysis straight to your inbox

Sign up


    Leave a comment