Schroders loses £400m St James's Place mandate

Schroder Investment Management is understood to have lost a mandate worth approximately £400m (€580m) following a reshuffle by wealth manager St James's Place Group.

The decision to withdraw funds from Schroders was taken following the retirement of Ted Williams, manager of the select manager fund.

WSJ Logo
Bill Ackman’s Pro-Tennis Debut Lasted 67 MinutesExternal link

Bill Ackman’s Pro-Tennis Debut Lasted 67 Minutes