St. James’s Place unveil Lumina portfolios

Over 9,000 ETFs and funds were reportedly screened in the selection process.

Over 9,000 ETFs and funds were reportedly screened in the selection process.

Wealth management firm St. James’s Place has launched Lumina, a range of multi-asset portfolios.

The portfolios are built on a foundation of lower-cost funds and exchange traded funds (ETFs).

Over 9,000 ETFs and funds were screened in the selection process, St. James’s Place said in a press release, with the firm considering key criteria such as the manager’s reputation, historical track record, strategy and whether they have proven ability to outperform.

“Through smart rebalancing guided by a discretionary approach, these portfolios help clients remain aligned with their long-term investment objectives,” St. James’s Place said in a press release announcing Lumina.

St. James's Place

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