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 ...

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 Investment

Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read
FCA issues warning notice to Neil Woodford over liquidity failings

FCA issues warning notice to Neil Woodford over liquidity failings

The firm failed on four accounts between 2018 and 2019

James Baxter-Derrington
clock 11 April 2024 • 2 min read