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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.

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