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John Duffield to launch new venture

Jupiter and New Star founder John Duffield is set to launch a new company, Hyde Park Asset Management.

Reports on investment website Interactive Investor suggest the new venture will steer clear of the retail investment market, following the collapse of New Star, instead concentrating on managing money for Duffield’s own family. 



The company will operate from Henderson’s offices at number 1 Knightsbridge.



It is understood that former New Star business development director John Jay has been hired as chief executive of the new operation.

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