SJP broadens fund options with new accumulation range

Four diversified ‘fund-of-funds’ solutions features set for release

Julia Bahr
clock • 2 min read

St. James’s Place (SJP) has rolled out a ‘fund-of-funds’ range named Polaris for clients looking to grow their wealth over a period of five years or more.

The Polaris range, which will be available to SJP clients from 21 November 2022, features four diversified fund-of-funds solutions. Asset allocation decisions will be centrally managed by the SJP investment team and overseen by the investment committee. State Street Global Advisors will monitor the range daily, with responsibilities including ongoing rebalancing of the underlying funds, cash flow management and currency hedging. The Polaris range will sit alongside SJP's three ‘InRetirement' funds: Prudence; Balance; and Growth. The three were built originally to cater for a range ...

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