Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

SJP adds new strategy to Artisan fund

SJP adds new strategy to Artisan fund

St James’s Place has named a new manager with a new strategy to the £3.5 billion mandate run for it by Artisan Partners.

Since October 2010, the Citywire AA-rated pair of Dan O’Keefe and David Samra (pictured) from Artisan have run the Global Managed and Global funds for St James’s Place according to a value style.

St James’s Place reported that it had been ‘considering the addition of a complementary global strategy that would enable Dan and David to continue to manage the fund whilst catering for the anticipated future growth in assets under management’.

As a result, the firm has now appointed their Artisan colleague James Hamel as an additional manager for the mandates.

‘Whilst also looking to invest at a discount, his strategy has more of a growth bias and seeks to invest in companies with franchise characteristics that are benefiting from an accelerating profit cycle and which have defensible competitive positions,’ St James’s Place explained.

From 28 April, all flows into the funds will be directed to Hamel’s growth strategy.

‘The investment committee believes this appointment provides a strong solution for meeting the future growth requirements of the fund, whilst taking advantage of the other high-quality investment resources at Artisan,’ St James’s Place commented.

Over the past three years the Global fund has returned 49%, top decile in its Citywire Global Equities category, where the average fund has generated 20.8% and the FTSE World index has gained 27%.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter