St James’s Place hands £5.2bn fund to Schroders in blow to Impax
Wealth manager St James’s Place has handed a £5.2bn fund to Schroders after ousting investment manager Impax, which sent shares in the sustainable fund group tumbling. SJP, the UK’s largest advisory group, will give the Sustainable and Responsible Equity fund to Schroders to run from next month, having dumped Impax…
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