St. James's Place is eyeing further development of its fund range after recording a 60% jump in Q2 unit trust sales.
St. James's Place has put three funds run by Nick Purves under review following his resignation from Schroders this week.
Invesco Perpetual's Neil Woodford is one of a trio of highly regarded managers appointed to run balanced managed unit trusts for St. James's Place.
St. James's Place recorded an 84% surge in unit trust and ISA investments over the first quarter of the year.
St James's Place has launched three new funds, picking industry heavyweights such as Mark Lyttleton and Jonathan Asante to run the mandates.
Lloyds Banking Group could be about to sell its entire stake in St James's Place.
St James's Place posted a £2.3bn net inflow last year to reach record funds under management of £21.4bn at end 2009.
Aberdeen Asset Management's Hugh Young continues to be heavily underweight Japan, despite the country enjoying its fastest period of growth for over two years.
Former Maia Capital partner Chris Ralph has joined St. James's Place in the newly created position of CIO.
St James's Place has reported total new single investments of £711m for the first quarter of 2009. ...