Strategy

New Star Opens Global Equity Fund to International Market

Nick Parmee 19 July 2007

New Star Opens Global Equity Fund to International Market

UK-domiciled New Star Global Equity fund is now available to international investors via New Star’s multi-currency service.

The fund is managed by Greg Kerr, whose strategy is based on identifying the “fair value” of stocks and, by monitoring the prices of these stocks against these fair values, identifying investment opportunities.

The fund is currently avoiding speculative, small, and highly leveraged stocks, favouring large companies that are undervalued relative to their global peers.

At the country level, the fund is underweight in Europe, has significant exposure in the US and is overweight in Japan.

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