St. James’s Place swaps Ninety One for Robeco on European fund amid manager changes and fee cuts
The Balanced Managed and Continental European funds will have lower ongoing charges
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
Commentators debate the likely path ahead for monetary policy
Defers redemptions in Property Life and Property Pension funds
Changes will reduce the firm’s underlying cash result ‘over the next few years’
Mark FitzPatrick to replace Andrew Croft
Joe Wiggins returns to the firm
Hetal Mehta takes up the newly-created role
Largest underperforming fund was Baillie Gifford Global Discovery
Alan Goodman will join the firm this month
Funds that failed include Balanced Managed, Japan and Strategic Income
Group FUM hit a record £157.5bn over six months