News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

St James’s Place axes Impax mandate as short-sellers circle

UK’s largest wealth manager cuts ties as JPMorgan and GLG boost bets against the sustainable investor amid heavy outflows

The Leicester Square-based ESG specialist is coming under increasing pressure
The Leicester Square-based ESG specialist is coming under increasing pressure Photo: Getty Images

Want more on wealth management? Sign up to FN’s newsletter here or take our survey here. Want a trial subscription? Email licensing@efinancialnews.com.

St James’s Place has booted Impax Asset Management off its global equities mandate, resulting in a £774m hit to the sustainable investment group.

WSJ Logo