Guy de Blonay – ‘Specialist Fund Manager of the Year 2008′

Guy de Blonay, manager of the New Star Global Financials Fund, is a talented and disciplined fund manager. Despite periods of market volatility since the New Star Global Financials Fund’s launch in December 2001 it is the best-performing financials fund by a significant margin*. Not only has it delivered more than twice the return of the average financials fund, it has also outperformed the second best fund by a remarkable 57.7 percentagepoints since launch**. Guy was recently awarded ‘Specialist Fund Manager of the Year 2008′ at the Citywire top 100 fund manager awards and was ranked seventh place overall. Read more on the New Star Global Financials Fund.



Guy de Blonay on Global Financials

Guy de Blonay, manager of the New Star Global Financials Fund, provides his outlook for the sector. Guy analyses the current pressures on financial markets and explains why he expects a recovery during the second half of 2008. Read the full outlook.



European performance gathers momentum

The recovery in performance of the New Star European Growth Fund has gathered pace. The fund outperformed the FTSE Europe ex-UK Total Return Index by 1.95 percentage points in March†. It was the top fund in the Equity Europe excluding UK sector in March and first decile for the first three months of 2008. Contributions in March came from Kone, Grafton and Randstad. The food retailing sector, in which the fund was overweight, also had a good month. Read the latest fund factsheet.



Richard Pease on Europe excluding the UK

Richard Pease, New Star’s European Growth Fund manager, explains how the European Growth portfolio has been repositioned in recent months and why he believes the fund’s holdings remain well-placed to weather the current stockmarket volatility. Read the full outlook.



Global outlook Q1 2008

Stockmarkets fell in January in response to economic and credit crisis concerns, stabilised in February but fell again in early March, when US non-farm payroll numbers showed a 63,000 decline, the biggest drop since March 2003. This led some to fear a US recession had begun. Read Gregor Logan’s global outlook.



To view our latest literature please visit our Partnership site.


* Ranked against comparable financial funds in the Investment Management Association’s Specialist sector
** Source: Lipper, mid to mid, net income reinvested (28.12.01 to 31.03.08)
†Source: © 2007 Morningstar

Funds at a glance:
Asian Opportunities Fund
European Growth Fund
Global Financials Fund
International Property Fund
UK Property Unit Trust

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13 May 2008

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