New Star closes hedge fund

New Star Asset Management has closed its hedge fund to new business now that it has reached £250m, writes Robert Stock.

The New Star Hedge Fund, managed by Alan Miller and assisted by Tim Steer, has now reached optimum size, according to New Star chief executive Howard Covington.

Originally called the Jupiter Hedge Fund when launched in 1997, it moved with Miller when he came to New Star. At that time it was around £100m in size.

The closure to new business comes as the launch periods for the New

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here