St James’s Place’s inaugural Assessment of Value (AoV) report has revealed only 44% of the funds offered by the firm offer investors “good value”, with 12% on its “watchlist”.
The firm divided its 39 funds into three broad categories, with a green rating awarded to those delivering "good value", an amber rating for those "broadly delivering value" but have "specific areas" which require "closer ongoing monitoring", and a red rating for those on its "watchlist" for the worst performers. Fixed income, equity and multi asset funds all feature on the "watchlist", along with both income and growth funds, while James de Uphaugh is the only manager to feature twice on those red rated funds. Despite this, 83% of clients are "satisfied with their relationship with S...
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