St James’s Place updates asset allocations amid ‘soft landing’ base case
Confidence in global high yield and global EM equities lowered
Confidence in global high yield and global EM equities lowered
Corinne Lord joins the wealth manager
Citi and JP Morgan Cazenove react to dividend cuts and provisions
New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030
Emerging specialist was dropped by SJP last week and has seen its AUM fall two-thirds since October
While external manager charge on the £2.9bn Emerging Markets Equity strategy has increased slightly
The Balanced Managed and Continental European funds will have lower ongoing charges
Firm issued a statement this morning after 22% voted against remuneration report at May AGM
Defers redemptions in Property Life and Property Pension funds
Mark Polson from Lang Cat and Holly Mackay of Boring Money comment on the transition
Mark FitzPatrick to replace Andrew Croft
Joe Wiggins returns to the firm