St James’s Place is set to transition Global Growth from a fund of fund structure to a directly invested product, as part of further alterations to its fund range.
According to the fund house, the shift is intended to provide greater flexibility and liquidity for investors. Alongside this change, a further trio of managers have been added to the Global Growth fund, with Axiom Investors, WCM Investment Management and Artisan Partners joining existing managers Edgepoint and Sands Capital. The firm's Emerging Market Equity fund will see its mandate changed from a single manager strategy to a multi-manager, in order to "increase diversification and reduce manager-specific risk". SJP hands absolute return multi-asset mandate to Amundi Lazard As...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
