View more on these topics

St James’s Place chief exec quits

St James’s Place chief executive Mark Lund is leaving the Group in what SJP has called a joint agreement.

Lund joined the Group three years ago and became chief executive in September 2004. He says he is leaving to seek a new challenge.

The search for a new chief executive is expected to start shortly but in the meantime group managing director David Bellamy will be taking on the role supported by group finance director Andrew Croft and group sales director Ian Gascoigne.

Lund says: “The last three years have been outstanding for the Group and I am delighted to have been part of this. I wish everyone at St James’s Place a very successful future.”

Chairman Mike Wilson says: “The Board would like to thank Mark Lund for his significant contribution and commitment since joining the Group three years ago and becoming Chief Executive in September 2004.”

St James’s place will be announcing its fourth quarter new business results on January 25.


Sumus chooses Defaqto’s product search tool

Sumus has announced that it will offer Defaqto’s Aequos Engage product search and selection tool to its members.The system will fully integrate with Sumus’ front office, providing portal suppliers and affiliated businesses with a seamless business process.Defaqto national accounts manager Roger Perry says, “We are naturally very pleased to be selected as one of Sumus’ […]

Take a u-turn on annuities

Samantha Downes says there are promising signs that the Treasury is finally realising that action is needed to improve the retirement income market

Neptune increases global alpha fund charge by 0.4%

Neptune has increased annual management charges on many of its funds by as much as 40 basis points.Biggest hit will be investors in its global alpha fund, previously the Neptune managed fund, who will see their AMC rise from 1.6 per cent to 2 per cent. The AMCs on Neptune’s European and global funds have […]


Neptune video: Abenomics: the impetus for Japan’s fast-track recovery?

The remarkable performance of the TOPIX over the past year has caused many sceptical equity investors to look again at the Japanese market. These returns have come despite very significant problems facing the Japanese economy. Chris Taylor, manager of the Neptune Japan Opportunities Fund, discusses these problems and whether Abenomics will be able to overcome them, enabling the market to continue to rise.

In the video, Taylor addresses the following:

• The size and speed of Japan’s unprecedented monetary policy
• Abenomics and the implications should it fail
• Corporate Japan and beneficiaries of government policy


News and expert analysis straight to your inbox

Sign up


    Leave a comment