St James's Place Wealth Management (SJP) has appointed Payden & Rygel as a sub-advisor as part of a new blended manager strategy for its Multi Asset fund.
Payden & Rygel will manage a diversified global fixed interest mandate.
"We are very pleased to have been selected for this assignment and we look forward to a long and mutually beneficial relationship," says Joan Payden at Payden & Rygel. "Through the St. James's Place Partnership – its exclusive advisory arm – SJP is dedicated to helping its diverse client base build and preserve wealth. Its rigorous selection process appoints best in class managers to run their funds. Payden & Rygel is honoured to be part of this group."