U.K. wealth management business St James’s Place (SJP) is floating a global equity portfolio, Investment Week reports. The fund is being launched as part of an effort to expand assets away from fund manager THS Partners.
The portfolio will be overseen by five managers to provide investors with exposure to a more broad-based investment management offering. It will use a different investment scheme allowing greater capacity for future growth in assets.
Click here for the story from Investment Week.