St James’s Place
PEOPLE MOVES: SJP, Tilney, Nucleus
SJP announces the retirement of its investment director after 27 years of service, Tilney hires two financial advisers from Ludlow and Cornerstone, while Nucleus appoints a head of platform marketing.
Asia fund flows boost SJP results
St James’s Place Asia boosted gross new funds by 51% in the first six months of 2018, helping to push group gross inflows to £7.9bn ($10.4bn, €8.9bn), an increase of 15% compared with the first half of 2017.
SJP drops Aberdeen Standard as ethical manager
A sustained period of underperformance has prompted St James’s Place (SJP) to drop Aberdeen Standard Investments (ASI) and appoint Impax Asset Management to run its £286m (€320m, $375m) ethical fund.
UK funds invest £650m in Trump detention camps
St James’s Place, Neptune and Aviva Investors are among asset managers with £657.7m ($869m, €744m) in three companies connected with US detention camps holding immigrants and their children.
Investment | 18 Jun 18
SJP unlikely to dump the Woodford gravy train
The partnership between St James’s Place and Neil Woodford is unlikely to end any time soon, despite many discretionary fund managers and platforms dropping the star fund manager for underperformance.