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John Duffield
New Star founder John Duffield has hit back at claims made during Patrick Evershed's sensational employment tribunal in an open letter.
Partick Evershed's claims he and other staff members were bullied by New Star Asset Management founder John Duffield have been dismissed by three of his ex-colleagues.
Gregor Logan, the former joint chief investment officer of New Star, has said a leveraged balance sheet and poor performance from flagship funds caused the demise of the asset manager.
Other John Duffield articles
Former New Star head of fixed income, Theo Zemek, today told of the “appalling” atmosphere at New Star under former CEO John Duffield, in the latest twist in the employment tribunal brought by Patrick Evershed against his former employer.
Patrick Evershed’s legal battle with New Star is unlikely to be completed this week, with the hearing potentially dragging on until January, the chair of the court announced yesterday.
Patrick Evershed's case against former employers New Star took another turn today after it was revealed he signed an agreement to keep his fund open despite its increase in size.
Star fund manager Patrick Evershed said he raised concerns with the FSA about allegations its staff bonuses are tied to the regulator's relationships with institutions, in the latest twist during his employment tribunal.
Patrick Evershed has claimed investors in New Star's Property fund lost millions of pounds after the group continued to advertise the fund despite warnings from its property team that prices were over-inflated.
Patrick Evershed has claimed his former boss John Duffield bullied and humiliated New Star staff including withdrawing an offer of sweets from managers having a bad period of performance, according to his witness statement lodged with an employment tribunal today.
Former New Star CIO Theo Zemek claimed she was bullied by firm founder John Duffield, echoing allegations made by her ex-colleague Patrick Evershed, according to the lawyer acting for Evershed.
John Duffield, the founder of New Star, will not be appearing in court during the case brought against his former company by Patrick Evershed, Investment Week, IFAonline's sister title, understands.
Former New Star fund manager Patrick Evershed can proceed with a lawsuit over claims he was bullied by company founder John Duffield, a London court said.
Former New Star Asset Management founder John Duffield has unveiled further details of his new Brompton Asset Management venture.
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