St James's Place drops £3.5bn funds in blow to Woodford

Pedro Gonçalves
St James's Place drops £3.5bn funds in blow to Woodford

St. James's Place has dropped Woodford Investment Management from the running of a suite of its funds, replacing it with Columbia Threadneedle and RWC Partners. SJP had been a supporter of the underperforming fund manager and had said, as recently as last week, it would stick by Woodford. However, in a notification to the stockmarket on Wednesday, St James's Place announced it had terminated its mandate with WIM. The mandate comprises £3.5bn worth of assets under management in its UK High ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?