SJP changes in action with fund manager and charges shuffle

The firm changes managers and alters charges on three funds

clock • 2 min read

St James's Place (SJP) has reshuffled managers and altered the charges on its Global Smaller Companies, Global Emerging Markets and Emerging Markets Equity funds.

Clients invested in the Global Smaller Companies fund and the Global Emerging Markets fund will see their total ongoing charges reduced, while those invested with the Emerging Markets Equity fund will see an increase in the vehicle's total ongoing charges. The changes took place on 20 November. The Global Smaller Companies fund is expected to change to a multi-manager fund over time, and the charge has reduced from an annual charge of 0.60% to 0.06% under new manager North Trust Global Investments. The Global Emerging Markets fund now holds Robeco Institutional Asset Management BV ...

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 Your profession

PA Asks: Which party manifesto proposals for FS do you favour?

PA Asks: Which party manifesto proposals for FS do you favour?

This week’s poll also looks at the lifetime allowance and NI cuts

Professional Adviser
clock 17 June 2024 • 1 min read
Building trust: How to support clients going through a divorce

Building trust: How to support clients going through a divorce

'Hardest part of our job is telling the client what they don't want to hear'

Tamara Glanvill
clock 14 June 2024 • 4 min read
Majority of un-advised with stock investments have no financial plan

Majority of un-advised with stock investments have no financial plan

‘Many are realising the need for expert financial support in later life’

Hope Coumbe
clock 12 June 2024 • 1 min read