New Star is an old star but, astonishingly, still there

cawkwell2
Aug 12, 2025
1 min read

New Star Investment Trust (NSI) announced yesterday afternoon that its net asset value per share is 176p. Given that there is no evidence of indifferent management having occurred or scheduled to come the share price of 110p is insane. One has to be realistic and accept that resolution of John Duffield's beneficiaries' intentions may well take some years rather than months. But NSI is surely a nailed on safe investment for the patient.

Recent Posts

See All

May your intuition carry you

Intuitive Investments (IIG) stands at 132p and, I am told, might go much higher - perhaps tenfold. Sir Nigel Rudd is chairman and he is no slouch at getting things done. The business is investments se

Lord Mandelson

When I declared that Mandelson had no reason to go to face a grilling by Congressmen I did not know that he had been selling confidential cabinet papers to Epstein. From here it looks certain that he

Lord Mandelson

I do not wish to be thought a perpetual defence entrant but as with AM-W Lord Mandelson is completely innocent. There is no evidence of improper conduct on his part. If Epstein elected to send him $7

Comments