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.

- Promotion -

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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In the midst of a global pandemic, Apple announced one of the corporate world’s most ambitious environmental blueprints – to reduce the climate impact of every Apple device to net zero by 2030. The plan involves cutting 75 per cent of the company’s existing carbon footprint, not only for its own business but also across the manufacturing supply chain and product life cycle.

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