St James's Place to launch Global Growth fund

Results also note ‘degree of caution’ on DB transfers

Julian Marr
clock • 2 min read

St James's Place is to launch a global growth fund. The wealth manager confirmed the news in its interim results, which also revealed it approaching the defined benefit (DB) transfer market with "a degree of caution".

The new Global Growth fund, which will be run by four managers already on the group's roster - Sands Capital, Edgepoint, Magellan and Select Equity Group - will have a growth bias, exposure to cyclical sectors and be overweight in small and mid-cap holdings. St James's Place said the launch was part of its bid to ensure clients continue to have an appropriate mix of investments at their disposal, which will also see it adding a new ‘Strategic Growth Portfolio' later this year. Other initiatives confirmed in the group's results, which cover the first six months of 2017, include the lau...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

MKC Wealth adds £275m in AUA from six acquisitions in Q1

MKC Wealth adds £275m in AUA from six acquisitions in Q1

Four join MKC Wealth team

Sophia Panayi
clock 03 June 2026 • 2 min read
Bowmore Wealth Group adds £135m in AUM with two acquisitions

Bowmore Wealth Group adds £135m in AUM with two acquisitions

Acquired two London-based advisers

Jenna Brown
clock 03 June 2026 • 1 min read
Shackleton buys London advice firm

Shackleton buys London advice firm

Focus on creative and media professionals

Sophia Panayi
clock 02 June 2026 • 2 min read