St James’s Place (SJP) has announced another reduction in its fees.
This reduction will apply to two of its funds, with the manager line-up also changing.
The two funds to undergo changes are the balanced managed fund and continental European fund.
Its continental European fund will have the biggest reduction in fees, with the external management charge dropping from 0.26 percent to 0.08 percent a year.
This fund will be managed by Robeco Instit...