New Star International is pleased to announce the appointment of Arcangelo Barletta as Country Manager, Italy. Arcangelo, who will be based in Milan, will be responsible for developing relationships in the Italian institutional market. He will report to Philip Goldsmith, the Managing Director of New Star International.
Philip Goldsmith, Managing Director, International at New Star, said:
“We have seen an increasing demand for New Star high alpha funds internationally and we intend to capitalise on this by building a highly experienced team to grow the business overseas. Having someone with such relevant experience and a highly successful track record in the Italian market will be a great asset to New Star.”
Arcangelo Barletta brings with him a wealth of experience, having worked in many areas within the financial services industry throughout his career. His previous positions include Head of Wholesale Business at Morley Fund Management in Milan. Most recently he was Country Manager at Nordea Investment Funds in Milan.
Arcangelo Barletta, Country Manager, Italy at New Star, said:
“New Star is an exciting, forward thinking and high quality fund management company. I am delighted to be joining such a company and one that has already enjoyed outstanding success in the UK, Europe and the Far East. We are committed to the Italian funds market and over the next few months, we shall commence the first phase of our strategic plan.”
The sub-funds of the Irish domiciled, New Star Global Investment Funds PLC registered for sale in Italy are:
| Dublin OEIC range | Multi-currency funds |
| New Star Asian Opportunities Fund | Sub-funds of New Star OEIC |
| New Star European Growth Fund | New Star Global Financials Fund |
| New Star Japan Recovery Fund | New Star Global Equity Fund |
| New Star US Opportunities Fund | New Star Hidden Value Fund |
| New Star Global Emerging Markets Fund | Sub-funds of New Star Investment Fund OEIC |
| New Star Pan-European Equity Fund | New Star UK Alpha Fund |
| New Star UK Dynamic Fund | Sub-funds of New Star Unit Trust |
| New Star Euro High Yield Fund | New Star Diversified Absolute Return Fund |
| New Star Strategic Government Bond Fund |
–Ends–
NOTES TO EDITORS:
For further information please contact:
| Trina Arthur | New Star | 020 7225 9574 |
| Polhill Communications | 020 7655 0540 |
Photographs of Arcangelo Barletta are available from Trina Arthur at New Star
IMPORTANT INFORMATION
Past performance is not necessarily a guide to future performance. The value of investments and any income from them may fall as well as rise and investors may not get back the amount originally invested. The value of investments may also increase or decrease as a result of changes in exchange rates between currencies. Investments made in the funds involve certain risks, as described in the relevant prospectus. Any opinions expressed in this document may vary without prior notice and do not constitute investment advice.
This document is for professional investors, other financial institutions and professional advisers only and should not be provided to or relied upon by private investors. This document should not be distributed to any third parties and does not constitute an offer or solicitation to anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such offer or solicitation. Details of where the funds are authorised for distribution are provided inside this document. Distribution of this document and the offering of shares in certain jurisdictions may be restricted and accordingly persons into whose possession this document comes are required to inform themselves about and to observe such restrictions. If this is the case, these funds cannot be the subject of active marketing in your jurisdiction.
The funds mentioned in this document should be viewed as an investment suitable only for investors who can fully evaluate and bear the risks involved. Full details of the funds can be found in the prospectus or Offering Document, in the case of Hong Kong. Any investment decision must be made solely on the basis of the information contained in the prospectus/Offering Document, the simplified prospectus, the Articles of Association and the most recent annual and interim reports, which are available upon request.
The shares referred to in this document have not been and will not be registered under any United States securities laws, and, except in a transaction that does not violate the United States securities laws, may not be directly or indirectly offered or sold in the United States of America, or any of its territories or possessions, or areas subject to its jurisdiction or to or for the benefit of a United States person.
The New Star Global Investment Funds PLC (the Fund) is regulated by the Irish Financial Services Regulatory Authority (Irish Financial Regulator). In relation to New Star US Opportunities Fund, a sub-fund of the Fund, investors are advised that this sub-fund invests primarily in shares of companies that have their head offices in the United States or Canada or that exercise a preponderant part of their activity in the United States.
The Manager of the Fund, New Star Investment Funds (Ireland) Limited, is regulated by the Irish Financial Regulator. The Investment Manager, New Star Asset Management Limited, is regulated by the Financial Services Authority of the United Kingdom (the FSA). The custodian is State Street Custodial Services (Ireland) Limited.
The Fund has been registered for distribution in Denmark with the Danish Financial Supervisory Authority, in Sweden with the Swedish Financial Authority, in Finland with the Finnish Financial Supervision Authority, in Malta with the Malta Financial Services, in France with the Autorité des Marchés Financiers, in Spain with the Comisión Nacional del Mercado de Valores under number 407, in the Netherlands with the Autoriteit Financiële Markten, in Italy by the Bank of Italy and in the United Kingdom with the FSA. The Carnegie Fund Services SA, 20 rue du Conseil Général, 1205 Genève, Suisse (Postal address: Casa Postale 5656, 1211 Genève 11), Tel: +41 22 7051177, Fax: +41 22 7051179 has been appointed as the representative of the Fund in Switzerland. For Hong Kong: The Fund has been authorised by the Securities and Futures Commission (the SFC). Authorisation by the SFC does not in anyway imply any official approval or recommendation by the SFC. In Singapore the sub-funds are recognised as Restricted Collective Investment Schemes by the Monetary Authority of Singapore.
The New Star Investment Fund OEIC and the New Star OEIC, (UK-domiciled), the ACD or Unit Trust manager as applicable, New Star Investment Funds Limited, and the Investment Adviser, New Star Asset Management Limited, are authorised and regulated in the UK by the FSA.
The sub funds of the aforementioned umbrella funds, New Star Global Financials Fund and the New Star Hidden Value Fund have been registered for distribution in France with the Autorité des Marchés Financiers, in Spain with the Comisión Nacional del Mercado de Valores under number 492, in Italy with the Bank of Italy. In Singapore the New Star Global Financials Fund is recognised as a Restricted Collective Investment Scheme by the Monetary Authority of Singapore.
The New Star Global Equity Fund is registered in Italy with the Bank of Italy, in France with the Autorité des Marchés Financiers and in Spain with the Comisión Nacional del Mercado de Valores. The New Star Diversified Absolute Return Fund has been registered for distribution in France with the Autorité des Marchés Financiers and in Spain with the Comisión Nacional del Mercado de Valores under number 496 and in Italy with the Bank of Italy. The New Star UK Alpha Fund has been registered for distribution in France with the Autorité des Marchés Financiers, in Italy with the Bank of Italy and is recognised in Singapore the as a Restricted Collective Investment Scheme by the Monetary Authority of Singapore.
This document has not been verified or approved by any relevant supervisory authority in the jurisdictions where the Fund is registered.
Issued by: New Star Asset Management (Bermuda) Limited.
