New Star voted best Multi-Manager Group 2008

New Star is delighted to announce that Mark Harris, head of the New Star fund of funds team, has been rated ‘AA’ by Citywire.

Mark, who manages the top-performing New Star Tactical, Active, Balanced and Managed portfolios, has led the fund of funds team since joining New Star in November 2003. Its achievements resulted recently in New Star being voted Best Multi-Manager Group in the 2008 Professional Adviser awards.

Craig Heron, co-manager of the New Star Active, Balanced and Managed portfolios and manager of the New Star Cautious Portfolio, is also rated ‘AA’ by Citywire. This achievement further highlights the robust investment process of the New Star fund of funds team and is an endorsement of its ability to produce consistently high risk-adjusted returns.

Ben Robinson, head of UK public relations, New Star, says: “The team’s ability to manage risk through a blend of asset classes and geographic regions has given New Star’s funds of funds a significant advantage over constrained funds, which will tend to suffer when a specific region or asset class falls out of favour. This flexibility has helped generate strong and consistent outperformance over many years.”