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Comment: Gearing works two ways
Mike Foster
26 Nov 2008
26 Nov 2008
 |
Thursday
08 January 2009
02:02 GMT
With hindsight, the decision of UK asset manager New Star Asset Management to borrow money to return £364m (€430.7m) to shareholders in April 2007 was sadly mis-timed.
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Article tags:
Asset Management
| Debt / Fixed Income /Credit
| John Duffield
| New Star Asset Management