Investment Management Approach
Investing with St. James's Place looks very different now from a decade ago. SJP has grown into a company that builds client-focused investment solutions, backed by proven expertise and robust governance.SJP works with world class managers to provide a broad and diverse range of leading investment strategies. This gives clients access to investment opportunities that smaller firms cannot replicate.
The result? Client portfolios designed for long-term wealth creation. Solutions responding to what clients actually need, not just market trends.
All of SJP’s funds and solutions are built using a set of core principles
These are the foundations on which all investment decisions are made.
Client focus
Active decision-making
Diversification
Discipline
How the approach works
SJP’s investment management approach has three main parts that work together to support long-term investing:
Asset Allocation
As the main driver of opportunity and risk, asset allocation is the cornerstone of its process. It focuses on long-term value rather than short-term market noise.
SJP’s attention is on whether there is a dislocation between the price of an asset and its fundamental value.
Select, Monitor, Change
SJP looks beyond performance to understand a manager’s process, philosophy and culture.
It chooses managers with a distinct investment edge to their approach.
Portfolio management
Asset allocation: what to invest in and where
Asset allocation is about deciding what types of investments to hold and where in the world to invest. Mixing different investments helps to balance growth and risk.SJP decides how much to invest in areas such as:
- shares
- bonds
- cash
- different countries and regions
SJP’s investment team focuses on finding good opportunities for the long term, rather than reacting to short-term market ups and downs.
When making decisions, it also looks at other factors and potential risks.
- Valuations - Starting valuations and expected returns.
- Fundamentals - What's driving investment returns?
- Economic conditions - Where we are in the economic cycle.
- Behavioural flags - How investors are positioned and feeling.
- Tail risks - Rare events with big impacts.
Select, monitor, change: how SJP picks external fund managers
SJP uses its expertise and research to select the best fund managers who specialise in different investment areas.
Selecting managers with an investment edge
- a clear and consistent investment approach
- strong skills and experience
- a culture that supports long-term thinking.
Monitoring process, not performance
- SJP focuses on how they invest, as well as their performance.
- SJP monitors them closely to ensure they continue to follow a strong and disciplined process.
Changes only when needed
- it no longer has confidence in their approach, or
- it believes another manager is better suited to our aims.
Portfolio management: bringing everything together
SJP combines its asset allocation process with some of the world’s top fund managers to build funds and portfolios. These are designed to give your money the best chance to grow steadily over time.Elite manager access
Robust portfolio building
Long-term thinking
Risk management
Governance: who’s responsible for what
SJP investment team
SJP investment committee
Responsible investing
We know that many of our clients want their money invested responsibly, even if preserving and growing capital, or generating income, might be their primary aims. We take this priority seriously, not least though integrating environmental, social and governance (ESG) factors into our investment process.
