St James's Place is to launch a global growth fund. The wealth manager confirmed the news in its interim results, which also revealed it approaching the defined benefit (DB) transfer market with "a degree of caution".
The new Global Growth fund, which will be run by four managers already on the group's roster - Sands Capital, Edgepoint, Magellan and Select Equity Group - will have a growth bias, exposure to cyclical...
Industry Voice: Chris Taylor discusses the outlook for Japan, explaining why corporates are producing record aggregate profits and profits growth.
Comes in on 9 December 2019
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