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Neptune becomes the latest firm to express interest in New Star

Neptune Investment Management is looking at the possibility of acquiring certain New Star assets.

A spokesperson says the firm is looking at a number of opportunities in the marketplace, including New Star, but declined to name any individual managers or funds.

Neptune’s interest follows on from that of Aberdeen Asset Management, who have yet to rule out a bid for the firm.

New Star’s share price currently stands at 6.75p, having been as low as 4p on Monday.


Question time

Protection providers were candid about their current failings at this year’s Sesame Symposium in London last week.

Bank cuts rate by 1%

The Bank of England’s Monetary Policy Committee has cut the Bank base rate by another 1 per cent to 2 per cent.

Nobody expects the Spanish Inquisition

Paul Fidell, Head of Business Development (Investments), writes about one of the primary challenges for those involved in estate planning. He looks at dealing with investment uncertainty in these low growth, low inflation but still volatile investment conditions. Protection of capital, to leave something for beneficiaries, is a fundamental objective of many people’s plans for […]


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