Comgest appointed to SJP Japan in shift to multi-manager approach

Adding quality growth style to NVI's value approach

Mike Sheen
clock • 2 min read

St. James's Place has added Comgest as a manager on its £121m AUM Japan fund, retaining existing manager Nippon Value Investors (NVI) but cutting the firm’s control to 50% of the fund's assets.

The change, which takes effect 19 March, forms a multi-manager solution and adds Comgest's quality growth approach to NVI's value-focused style. Baroness Helena Morrissey to join AJ Bell as NED and chair designate Launched in 2017, the SJP Japan fund aims to achieve long term capital growth by primarily investing into a portfolio of shares in companies which are either listed on exchanges in Japan or are economically exposed to Japan. Under lead manager Yoshihiko Ito, SJP Japan has returned 31.7% over one year to 15 March, according to data from FE fundinfo, but has lost 15% over t...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Asia

Kepler Partners' Josef Licsauer: Why it could finally be Japan's time in the sun

Kepler Partners' Josef Licsauer: Why it could finally be Japan's time in the sun

'Once-moribund stock market'

Josef Licsauer
clock 16 July 2024 • 5 min read
Value Partners Group's David Townsend: Unlocking the potential of China's A-share market

Value Partners Group's David Townsend: Unlocking the potential of China's A-share market

For more than two decades, China's domestic stock markets have beckoned foreign investors with the promise of riding the wave of the nation's phenomenal economic expansion.

David Townsend
clock 20 June 2024 • 4 min read
Chikara's Andrew Draycott: A letter from India

Chikara's Andrew Draycott: A letter from India

'Everything starts to make more sense'

Andrew Draycott
clock 19 June 2024 • 4 min read
Trustpilot