Wealth and Asset Management
Fund manager issues profit warning after £5.2bn SJP blow to assets
The downgrade comes after the fund manager's assets under management plummeted by around a quarter to £25.3billion over the three months ending March. Wealth management giant St. James's Place said in December it would pull Impax's mandate to manage its £5.2billion Sustainable and Responsible Equity fund. Two months earlier, SJP…
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