New Star Hedge Fund to Close or Merge

London-based New Star Asset Management has asked investors in its £20 million ($40 million) UK hedge fund whether it should close or merge with another fund after the fourth-worst performance in the industry....

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By: Nick Parmee
June 5, 2007
London-based New Star Asset Management has asked investors in its £20 million ($40 million) UK hedge fund whether it should close or merge with another fund after the fourth-worst performance in the industry....