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New Star Breaks the 7bn barrier

New Star has broken 7bn in retail funds under management in just over four years since its retail launch in July 2001.

The firm has grown organically since launch and through the acquisition of the rights to manage funds from Aberdeen, Exeter and Edinburgh fund managers.

New Star managing director of UK retail Phil Wagstaff says: “To reach 7bn in retail runds under management in just over four years is a significant milestone for New Star and this confirms our position as one of the fastest growing retail fund managers in the UK.”

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