Johanna Kyrklund, currently Schroders’ global head of multi-asset, has been appointed lead manager for SJP’s Managed Growth fund with responsibility for the strategic asset allocation.
Select Equity Group’s Brian Vollmer will take on the running of the large-cap portion within the Worldwide Opportunities fund, SJP confirmed on Friday.
SJP also revealed it will increase the equity weighting in its adventurous portfolio by replacing the Corporate Bond fund with a recently-announced Japan fund due to launch on 6 November.
Chris Ralph (pictured) chief investment officer at St James’s Place, said: “These changes are a tangible demonstration of the benefits of our investment management approach, and provide clients with a diversified range of funds to meet their long-term investment objectives.”
The launch of a specialist Japan fund run by Yoshihiko Ito of Nippon Value Investors reflected the “interesting long-term opportunity” in the country, Ralph said.
A raft of previously-announced changes are also due to come into effect in November, including the launch of a Global Growth fund and the introduction of a medium-risk Strategic Growth Portfolio to SJP’s current growth and income portfolio range.
There are now 29 strategies available under the St James’s Place banner.
Its latest results showed SJP’s total FUM at the end of September stood at £85.7bn, up more than 20% from last year’s total of £71.4bn.
