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New Star’s Bryant to lead European fund

Clare Bryant has been promoted to lead manager on New Star’s 36m European portfolio, replacing head of fund of funds Mark Harris.

Bryant joined New Star in 2002 and was previously an analyst and fund researcher, specialising in European funds.

Her appointment means that the European fund is the only vehicle within New Star’s range of eight funds that is not managed by either Harris or his deputy Craig Heron.

The fund is ranked 32nd out of 86 funds in the IMA Europe excluding UK sector over three years.

Harris says: “Clare has an incredible aptitude for fund of funds’ management and, having worked with her for five years, I have every con-fidence she will continue the fund’s strong performance.

“Her meticulous attention to research and analysis and her ability to pick out the best funds and fund managers has earned her the right to manage this fund.”


ASA says Axa PPP mailing played on clients’ fears

Axa PPP Healthcare has been ordered to withdraw marketing material after the Adver-tising Standards Authority found it breached two of the committee of advertising practice code clauses.A direct mailing for Axa PPP read: “Your trust has been given a low rating (one star) by the Healthcare Commission, which can be due to factors such as […]

The Budget’s silver lining

Although the Budget was mainly a con, or tinkering at best, the reduction in corporation tax will be of benefit to the UK stockmarket and, in particular, equity income funds.

Holding back the years

Our glorious editor John Lappin was none too impressed with a certain PR gift that he received recently.As much as it was appreciated that “Kevin Carr and all at Lifesearch” kindly sent him a lovely bottle of the Wooden Wine Box Company’s finest vintage, it was more the sentiment that he was rather disappointed with.“But […]

Sellers will get extra time for home packs

The Government has given sellers an extra two months’ leeway on home information packs.The final regulations were confirmed last week and allow sellers until December 31 to produce a Hip for their property if it is on the market before June 1 when the regime comes into force.Originally, properties on the market before June 1 […]

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


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