![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
New Star | LSE:NSAM | London | Ordinary Share | GB00B1VJF742 | ORD 25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.90 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
FOR IMMEDIATE RELEASE 12 September 2008 New Star Asset Management Group PLC Termination of investment management agreement New Star announces that Family Assurance Friendly Society Limited ("Family") has today given New Star notice of termination of Family's investment management agreement with New Star under which New Star manages £1.4 billion of assets on Family's behalf. New Star was first appointed as investment manager by Family in February 2004 for a four-year period and was reappointed in February 2008 on a rolling three-month basis. Family has informed New Star that it intends to have the relevant funds managed predominantly on an index-tracking basis by a new investment manager. The date of transfer to this manager will be 1 December 2008. Although the assets managed on behalf of Family were significant in relation to the total assets managed by New Star, the loss of these assets is not expected to have a material effect on New Star's operating profit. New Star's assets under management were £19.1 billion at 27 August 2008. Enquiries: Citigate Dewe Rogerson Anthony Carlisle (office) 020 7638 9571 (mobile) 07973 611888 END
1 Year New Star Asset Management Chart |
1 Month New Star Asset Management Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions