Henderson New Star

European markets have climbed steadily this morning with the FTSE 100 up 1.2% and the FTSE Eurofirst 1.1% higher.

OBSR has withdrawn the £156m New Star Global Financials fund's ‘A' rating following the departure of lead manager Guy De Blonay last week.

Aviva Investors has added a discretionary dilution levy fee to its Isa wrapper following a switch in the fund's administrators in September.

European markets have opened flat this morning, with defensive sectors lagging in early trading.

Companies that act as responsible corporate citizens tend to generate the best long-term returns

US GDP figures released yesterday showed the world's largest economy has returned to economic growth, leaving the UK the only major economy still in recession. The US economy grew by 3.5%, and equity markets reacted positively, with the S&P 500 adding...

Guy de Blonay's defection to Jupiter raises serious concerns about the integration of Henderson and New Star, Chelsea Financial Services' Darius McDermott believes.

Henderson New Star is changing the £66m New Star Pacific Growth fund's mandate to provide income as well as growth and will rename it New Star Asian Dividend Income.

Henderson's head of UK wholesale, Laurie Jaques, has left the firm to pursue opportunities elsewhere.

In a post-Great Moderation world, changes in the real economy have become a much bigger contributor to market volatility. Since March, this has worked in favour of investors as the global recession has shown signs of ending more quickly than first expected....