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SJP drops Impax from underperforming £9.9bn fund

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St James’s Place (SJP) has dropped Impax as a manager on its underperforming £9.9bn Global Quality Unit Trust. The multi-manager fund was flagged as a poor performer in SJP’s annual value-for-money report at the end of September. It was also highlighted as a repeat underperformer in the latest Spot the…

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