The Malta Independent 3 May 2024, Friday
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Informing Local investors about funds

Malta Independent Sunday, 18 March 2007, 00:00 Last update: about 18 years ago

Jesmond Mizzi Financial Services, local representatives of New Star International, has just launched a new brochure, published in both English and Maltese, to inform local investors about the funds available from New Star Global Investment Funds plc via Jesmond Mizzi Financial Services.

The brochure includes general information about New Star and also gives details about some of the main investment products provided locally. In particular, the document concentrates on investments denominated in euro.

James Rushmere, Investment Services Adviser at New Star International visited Malta last week and addressed a press conference in which he outlined the achievements of New Star Investment Funds since its inception.

New Star currently holds €31.3 (Lm13.4) billion worldwide assets under management, which have grown from a starting point of $1 billion since the company was founded in June 2000.

One the significant factors that distinguishes New Star from other Investment Companies is that its staff own a large proportion of the business, 51.3 per cent, which aligns the views of the staff and their clients.

Malta was the first country where New Star put a distribution agreement in place in 2003. This distribution agreement was with Jesmond Mizzi Financial Services and has stood since.

New Star has 47 funds in total, but at present Jesmond Mizzi Financial Services is only actively marketing the three most suitable products for the Maltese market.

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