New Star International has received authorisation for nine sub-funds of New Star Global Investment Funds for distribution in the Netherlands...

New Star International has received authorisation for nine sub-funds of New Star Global Investment Funds for distribution in the Netherlands. The Dutch registration is part of New Star's international expansion in response to the growing demand from European investors for high alpha funds. Sub-funds of the New Star Global Investment Funds are also registered in Sweden, Finland, France, Denmark, Malta, Spain, Switzerland and the UK. In the last year, New Star has received significant fund inflows from private banks, fund of funds managers and insurance companies across Europe. Cobus Kruger, director of mutual funds at New Star International said: "We have seen an increase in demand for New Star funds throughout Europe, including Holland. We are now in a position to offer investors access to New Star's investment expertise through our authorised Dublin OEIC."