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New Star and Polar Capital hire HSBC Global Fund Services

HSBC Global Fund Services has won mandates to provide investment administration to John Duffield's New Star Asset Management and Brian Ashford-Russell's Polar Capital Partners.

In addition, UK-based Polar Capital is using the firm for performance measurement, as is the £2bn (€3.2bn) Philips Electronics UK pension scheme. Until now, Philips was a client of the performance measurement company WM Company.

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