SJP replaces BlackRock on alternatives fund amid raft of changes

From 30 July, Wellington Management's Steve Gorman will take up management of the Alternative Assets fund where he "will look to combine both systematic and fundamental investment strategies across a range of asset classes", according to SJP's CIO Chris Ralph. Ralph explained: "As one of the largest investment houses in the world, we believe the multi-asset team at Wellington Management has the resource and expertise to provide attractive returns for investors over the medium to long-term." SJP chair Sarah Bates retires from role Elsewhere, SJP is renaming its Managed fund followin...