John Duffield RSS feed

Evershed 'forced out of New Star after confronting bullying Duffield'

Fri, 31 Jul 2009 13:27:49 GMT

Veteran City fund manager Patrick Evershed was forced out of New Star Asset Management after accusing founder John Duffield of bullying, court papers alleged.

No limit on the payout in �bully� case at New Star

Wed, 29 Jul 2009 13:28:39 GMT

A leading fund manager has been given the go-ahead to pursue New Star Asset Management for unlimited compensation amid claims of bullying at the firm founded by John Duffield

Henderson doing well with New Star

Thu, 16 Jul 2009 07:39:52 GMT

Fund manager Henderson today said its integration of the recently acquired New Star business was progressing well although group profits for the half-year will be significantly lower than a year ago

New Star sells Heart of Africa fund to Duet

Tue, 07 Apr 2009 07:58:27 GMT

New Star Asset Management, the troubled fund manager founded by John Duffield, has sold its high-profile Heart Of Africa fund to its rival Duet Asset Management for an undisclosed sum

Henderson grabs ailing New Star in tuppenny takeover

Fri, 30 Jan 2009 09:27:50 GMT

Investment: John Duffield�s New Star finally imploded with the stricken fund manager forced to sell up for just �5 million � or tuppence a share

Deal shines out as good for the buyer � and for the boss

Fri, 30 Jan 2009 14:38:34 GMT

Commentary: When Andrew Formica ran Henderson�s equities business, his mantra was �to invest in companies that whilst fundamentally sound are nevertheless underperforming�

New Star blow as Aberdeen opts for Credit Suisse deal

Wed, 31 Dec 2008 09:26:48 GMT

Investment: Hopes for a takeover of stricken New Star receded as potential bidder Aberdeen Asset Management bought Credit Suisse's UK asset management division for �250 million

Fund managers circling New Star as it thrashes out a deal

Wed, 03 Dec 2008 11:28:48 GMT

Investment: New Star Asset Management in last-ditch talks with its banks which could pave the way for a bidding war for the debt-ridden group

What is to become of John Duffield?

Tue, 02 Dec 2008 11:09:48 GMT

One of the City�s most revered figures has lost �100m in 18 months

Funds managers fail to deliver

Tue, 02 Dec 2008 11:32:46 GMT

Between 1985 and 2005 the average equity fund underperformed the S& P 500 index by 1.4% per year in the United States. Internationally, over half that period in the 10 years from 1995, it is calculated that 69% of active funds underperformed against the MSCI World index.

Marks lacks spark with its �20% off sale�

Tue, 02 Dec 2008 08:49:11 GMT

Just how smart a move is the one-day Marks & Spencer 20% off promotion?

Banks set to seize control as New Star shares crash

Mon, 01 Dec 2008 09:11:28 GMT

Fund management: Shares in debt-ridden New Star Asset Management crash 70% amid crisis talks with its banks

Duffield fury over suspension blunder

Mon, 01 Dec 2008 14:20:39 GMT

New Star Asset Management was at loggerheads with market regulators after its request to suspend the shares was rejected

Debt barrier to a bid by Aberdeen

Mon, 01 Dec 2008 14:22:06 GMT

Aberdeen Asset Management refuses to rule itself out of bidding for New Star

Beleaguered New Star removes its ace in fight for survival

Fri, 21 Nov 2008 16:24:57 GMT

Investment: New Star Asset Management axed its top fund manager today as it fights to turn around an awful performance and keep the business alive

Few options for Duffield to catch his falling Star

Tue, 18 Nov 2008 10:11:02 GMT

It is tempting to say that the announcement to the City last Friday from New Star Asset Management is the worst that John Duffield has ever had to put his name to - but he's had a few lately that are competitive.

Who's in and who's out

Mon, 17 Nov 2008 09:01:34 GMT

Fears grow over New Star as the punters pull out

Fri, 14 Nov 2008 09:19:17 GMT

Fears for the health of John Duffield�s New Star Asset Management are growing, as the company scrambled to rejig its debt mountain and admitted that investors are withdrawing money at an alarming rate

Finance

Thu, 02 Oct 2008 12:22:30 GMT

Britain will look to the Square Mile to pull it out of the economic mire, and these are the big names who will deliver the recovery.

Market report: Broker�s worries put a cloud over New Star

Tue, 30 Sep 2008 08:01:21 GMT

One group of investors that will be keeping a close watch on stock market events during the days and weeks ahead are the pin-up boys and girls at New Star Asset Management with around �8 billion invested

New Star drops by a third as stockpickers lose their touch

Fri, 29 Aug 2008 11:03:37 GMT

There are few signs of recovery yet at John Duffield's New Star Asset Management, which revealed tumbling profits and admitted customers have deserted in droves

Bonus millions at New Star to keep hold of key staff

Fri, 30 May 2008 10:22:33 GMT

New star Asset Management founder and chairman John Duffield unveils a multi-million-pound bonus scheme for his staff

Savers shun stocks in 'worst-ever' year for Isas

Thu, 03 Apr 2008 10:15:04 GMT

The credit crunch claims another victim as investments in stocks-and-shares Isas plunge, says Gideon Spanier.