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Showing 1 - 4 of 4 results for "SJP"

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... fund manager lost a major mandate. That's according to a note from analyst Shaun Ler, who said the impact of St James' Place (SJP) cutting its mandate with Magellan came down to performance. Morningstar estimates the SJP mandate was worth $19 billion. ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... Magellan's revenue from the review is low. "After reading the letter we remain comfortable with MFG's FuM sourced from SJP with PrimeStone having little concern over SJP's business model (including the use of external active managers) nor the ...

Downgrade follows fund manager YouTube apology

ELIZABETH MCARTHUR  |  FRIDAY, 7 JUN 2019
Morningstar has downgraded a hedge fund facing liquidity issues. The move follows a sombre apology to investors from the fund manager delivered via YouTube. Neil Woodford issued a YouTube apology to investors whose money is currently frozen in Woodford ...

ASIC achieves settlement for Westpoint investors

CLAIRE MCGREAL  |  MONDAY, 5 DEC 2011
... reached by ASIC against Queensland firm Strategic Joint Partners. ASIC started proceedings against Strategic Joint Partners (SJP) in 2008, over concerns it had been negligent and was in breach of licence conditions in its provision of advice. On Thursday ...
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