St James's Place cautious life fund to spread across four Jupiter managers

St James's Place (SJP) has handed management of its recently-launched cautious life fund to four Jup...

St James's Place (SJP) has handed management of its recently-launched cautious life fund to four Jupiter managers. The SJP/Jupiter Cautious fund, which came to the market on 8 January, combines the investment styles of Jupiter's Ian McVeigh, who is responsible for the UK equity element, and John Hamilton, who runs the bond component of the fund. Alex Darwall and Elena Shaftan run the European and Emerging Europe components respectively with the overall asset allocation set by SJP. Sitting in the ABI Cautious Managed sector, the fund is able to take a 60% maximum exposure to equities. This...