New Star voted best European (ex UK) group 2007

New Star is pleased to announce that it has been named the Best European (ex UK) Group at this year’s Professional Adviser Awards.

The New Star European Growth Fund, managed by Citywire AAA-rated Richard Pease, has an S&P AAA rating and a Forsyth-OBSR AAA rating. The fund has produced top-decile performance over one, three and five years. Over five years, the fund has returned 113.7% compared to a 58.2% return for the IMA Europe Excluding UK sector*.

*All figures sourced: Lipper, mid-mid, net income reinvested, sterling, to 29 December 2006.

Richard Wilson, director of UK retail marketing at New Star, says: “Winning the Professional Adviser Award means a great deal because both the nominations and the winners are voted for by readers of the magazine. This award endorses the excellent reputation of Richard Pease, who has delivered consistent top-decile performance over all meaningful periods for his investors.”