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Wealth manager St James's Place eyes long-haul expansion in Asia

It focuses on investment advisory, selecting third-party fund managers on a best of breed basis.

"This isn't a quick win for us. The strategy for the next 10 to 15 years is to gradually grow this business, sensibly work with the local community and advisers and we'll see how we go," says SJP CEO David Bellamy.

UK-BASED St James's Place Wealth Management (SJP) has set its sights on expansion in Asia beyond its traditional core market of UK expatriates. The firm recently opened a new office in Raffles Place, signalling its commitment to strengthen its presence.

Said David Bellamy, the firm's...

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