A New Star is born

Two weeks into his new role as chief investment officer of New Star Asset Management Group, Alan Miller has plans to expand his range of hedge funds.

Miller has managed his fund, now called the New Star Hedge Fund, since it started as a paper portfolio in 1996. Since its formal launch as the Jupiter Hedge Fund in 1997, the fund has delivered an annual compounded return of just over 37%. Until January of this year, Miller was a main board director and the head of the specialist division,

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