Who are our InvestmentCommittee

Our Investment Committee focuses on:

‹ Choosing the best fund managers for you. This means carefully examining the people and procedures in a large number of investment companies.

‹ Continuously monitoring those managers. This way we make sure they maintain the standards we chose them for in the first place. We do this by monitoring their portfolios and their processes.

‹ Changing managers. If we’re unhappy with a manager, we’ll appoint another to manage the fund. We make sure it’s a seamless transition, with no charge or tax implication for you.

‹ Making sure you have an appropriate spread of investments. We do this by providing a wide range of funds and portfolios. We select fund managers not only for their quality, but also for their style of investment management.

What makes us distinctive?

Many businesses now offer a multi-manager approach, but we’re different in several ways:

We offer a range of investment styles. Taken all together, these give you real diversification. You can create your own portfolio or invest in one of our hand-chosen portfolios designed to meet different investment objectives.

Transaction costs will occur when managers are removed or added to a fund. These are not charges, but rather your share of the inevitable external costs, such as stamp duty and bid/offer spreads on individual shares, that are incurred whenever assets are traded.

Unlike most of our competitors, we use only external fund managers for our funds.

Other businesses have an interest in directing business to funds managed in-house to maximise their own profits. We have no such conflict of interest or investment bias.

We choose fund managers based on their skills in active management, rather than following a benchmark.

You won’t be liable to capital gains or income tax from any change in fund manager.

The St. James’s Place Investment Committee appoints and replaces managers on behalf of all of our clients. We don’t wait until we’ve lost confidence in a manager.

Many other businesses simply try to provide access to as many funds in the market as possible. This leaves the investor with the challenge of deciding which might give the best results.

The 2001 Treasury report, Institutional Investment in the UK: A Review by Paul Myners, found that institutional fund managers tend to invest the huge amounts of money they handle in line with market indices or industry benchmarks. We insist that our managers are active, not passive.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.