NETHERLANDS - New Star International has received authorisation for nine sub-funds of its Global Investment Funds for distribution in the Netherlands.
The firm said the registration was in response to the growing demand from European investors for high alpha funds, and claimed it had received significant fund inflows from fund of funds managers and insurance companies across Europe.
The sub-funds of the New Star Global Investment Funds are also registered in Sweden, Finland, France, Denmark, Malta, Spain, Switzerland and the UK.
By Damian Clarkson
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'