New Star investors lose out

Mail on SundayJune 08, 2009

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Summary


A CATASTROPHIC foray into sub-Saharan stock markets is ending for thousands of investors who are getting back a fraction of their original investment.

Several thousand people put a minimum of Pounds 12,500 into New Star's Heart of Africa fund, an ultra-risky unit trust that was launched in November 2007.

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Extract


New Star investors lose out

Managed by Jamie Allsopp, it invested in Af...

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