SJP replaces Standard Life Aberdeen with Impax on Ethical fund; launches Diversified Assets fund

KKR to manage Diversified Assets fund

Tom Eckett
Chris Ralph of St. James's Place

Chris Ralph of St. James's Place

St. James's Place has appointed Impax Asset Management to run its £286m Ethical fund, replacing Standard Life Aberdeen, as part of its constant review process.

The Ethical fund will no longer be managed by SLA's senior investment manager Jamie Cumming. Impax's Kirsteen Morrison and David Winborne will take control of the fund, with SJP investing £286m into Impax's Global Opportunities strategy, subject to regulatory approval. The Ethical fund will be renamed the Sustainable and Responsible Equity fund in order to better describe the investment process, which will integrate ESG considerations, as both a source of growth and a risk factor with a more fundamental approach. Investing in a range of global companies, the fund will be looking fo...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Funds

The ETF will be available to investors on London Stock Exchange for a total expense ratio of 0.35%.

Franklin Templeton launches Catholic EM sovereign debt ETF

Article 8 ETF for European investors

clock 28 June 2022 • 1 min read
Alex Wright of Fidelity International

Fidelity's Alex Wright: People have misunderstood OMV Russia exposure

'Sentiment is overly pessimistic'

clock 23 June 2022 • 3 min read
Equity funds managed to stay in positive territory with €2.9bn of new net subscriptions

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

clock 23 June 2022 • 1 min read