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
Brewin's Foster: the world’s most unconventional monetary policies

Brewin's Foster: the world’s most unconventional monetary policies

In this week's podcast, Guy Foster asks why the world’s biggest economies are pursuing some of the world’s most unconventional monetary policies. 

Play Charles Tan on Woodford & hidden trust income gems

Charles Tan on Woodford & hidden trust income gems

Cantor Fitzgerald investment company analyst Charles Tan discusses Woodford Patient Capital and some of the income trusts slipping under the radar.  

Play Taxicab Tenner: SGPB Hambros CIO Eric Verleyen

Taxicab Tenner: SGPB Hambros CIO Eric Verleyen

In the second episode of our new series, Verleyen jumps on board a black cab and explains how hard it's become to find good valuation on the market.  

Wealth Manager on Twitter