UK fund manager enters Hong Kong

Jun 12, 2003

With an umbrella fund now authorized, boutique New Star is assembling distributors.

New Star International, a boutique fund manager based in the United Kingdom, has just received authorization from Hong Kong's Securities and Futures Commission to promote an umbrella fund of equity and fixed-income products here. New Star is now in the process of sorting out distribution via private banks and independent financial advisors.

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