St James's Place has launched three new funds, picking industry heavyweights such as Mark Lyttleton and Jonathan Asante to run the mandates.
Run by BlackRock's Lyttleton and Nick Osborne, the St James's Place UK Absolute Return fund will invest in a variety of strategies and instruments with the aim of delivering positive absolute returns in all market conditions. It is the wealth manager's first absolute return fund. Asante will manage the St James's Place Global Emerging Markets fund, which will seek long term capital growth through investment in emerging market companies with a $5bn minimum market capitalisation. A third new vehicle, the St James's Place International Corporate Bond fund, will be co-managed by Babson Ca...
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