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 ...

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