New Star Asset Management, the funds group led by John Duffield, increased assets by a quarter last year to £21.1bn (€32bn) and is considering its first return of capital to shareholders since floating just over a year ago.
New Star took net inflows of £1.9bn in the second half of the year and £900m in the first half, mostly of which were in the form of UK mutual funds. Its alternative assets business grew by 47%.
