RLAM will run a bespoke, active asset allocation mandate, SJP explained. This is set to comprise «predominantly» low active risk strategies that minimise tracking errors, it added. The multi-asset strategy is expected to be adjusted through time, in line with the fund manager's active strategic and tactical asset allocation views. Over 25% of St James's Place funds fail to deliver value as 80% red-flagged for performance SJP said this would «help to maintain access to a broad range of asset classes, but at a lower cost than is typically associated with active management». The fu...
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