New names for New Star FoF

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New Star is rebranding three of the global funds in its Fund of Funds range, to try and better reflect their investment objective and risk profiles.

From 20th December, the New Star fund of funds portfolio will be renamed the New Star Balanced Portfolio but will still fall within the IMA balanced managed sector while the New Star performance portfolio will be known as the New Star Active Portfolio within the IMA active managed Sector. New Star’s global growth portfolio will be renamed the New Star Tactical Portfolio but will continue to be listed within the IMA global growth sector. Mark Harris will continue to head the New Star fund of funds team. IFAonline

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