SJP gives £5.2bn fund mandate to Schroders

fAs part of the upcoming changes, the fund will adopt a sustainability focus label under the Financial Conduct Authority's SDR regime. Ongoing charges will fall by 0.01% as a result of the changes, SJP set out in a press release shared this morning (13 January). The updates are expected to "improve diversification, introduce a more balanced blend of investment styles, while maintaining the focus on sustainability," it was stated in the SJP press release. The fund will follow Schroders global sustainable growth and global value equity investment strategies, SJP and Schroders both st...