New Star has suspended dealing in its 29 million Heart of Africa fund after increased redemptions from investors, according to FTAdviser. The firm said the region remains a strong area for growth but cited concerns among investors relating to the
New Star has suspended dealing in its 29 million Heart of Africa fund after increased redemptions from investors, according to FTAdviser.
The firm said the region remains a strong area for growth but cited concerns among investors relating to the credit crunch as the main reason for redemptions.
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