St James’s Place hands over management of SRI fund to Impax (Investment Europe)

    The £90bn AUM London-based wealth management firm St. James’s Place has mandated Impax Asset Management to manage its sustainable and responsible equity fund that had £286m in assets as of 30 June 2018.

    Subject to the required regulatory approvals, St. James’s Place will invest into Impax’s Global Opportunities strategy while the existing St. James’s Place Ethical fund will be renamed as the Sustainable and Responsible Equity fund and will be managed by Impax’s portfolio managers Kirsteen Morrison and David Winborne.

    Impax’s Global Opportunities has been chosen as the strategy that will represent St. James’s Place’s Sustainable and Responsible Equity fund.

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