St James's Place inflows narrow despite record funds under management

25th Jan 2024 07:26

(Sharecast News) - St James's Place reported gross inflows for 2023 of £15.39bn on Thursday, down from £17.03bn in 2022.

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London close: Stocks finish red after choppy session

9th Jan 2024 16:22

(Sharecast News) - London stocks had turned back into the red by the close on Tuesday, with recruitment firms and asset managers pacing the declines after some disappointing corporate updates.

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London close: Stocks weaker after busy week for rate decisions

15th Dec 2023 14:48

(Sharecast News) - London's stock markets ended the week on a subdued note on Friday as investors digested recent central bank policy updates.

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St James's Place to raise up to £1bn to buy out partner firms - report

15th Dec 2023 09:12

(Sharecast News) - St James's Place is considering raising up to £1bn by the end of the decade, it was reported on Friday, to help support succession plans.

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Somerset Capital Management to close

7th Dec 2023 13:20

(Sharecast News) - Somerset Capital Management, the boutique fund manager co-founded by Jacob Rees-Mogg, is to close, the firm announced on Thursday.

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St James's Place defends payouts for top bosses, shares jump

15th Nov 2023 14:41

(Sharecast News) - St James's Place rallied on Wednesday after the wealth manager defended a decision not to cut share awards for top bosses last year despite a drop in its share price.

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London close: Stocks maintain gains on cooler inflation reading

15th Nov 2023 14:21

(Sharecast News) - London markets closed positively on Wednesday after a larger-than-anticipated decline in UK inflation sparked optimism about potential interest rate cuts.

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St.James's Place says new charging models will reduce underlying cash result

17th Oct 2023 08:05

(Sharecast News) - St.James's Place announced the result of its previously announced review into its charging structure which was expected to come into effect in the back half of 2025.

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St James's Place reports continued FuM growth in Q3

17th Oct 2023 07:37

(Sharecast News) - St. James's Place saw its funds under management continued to grow over the third quarter.

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London close: Stocks finish lower on global stability concerns

13th Oct 2023 16:45

(Sharecast News) - London stocks ended on a downbeat note on Friday after a hotter-than-expected US inflation print overnight, and escalating oil and gas prices fuelled anxiety across the board.

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St James's Place tries to reassure over its fees review

13th Oct 2023 07:21

(Sharecast News) - St James's Place shares plunged after the wealth manager confirmed it is reviewing its fees and charges structure for clients to comply with new consumer duty rules that took effect over the summer.

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Prudential's Mark FitzPatrick appointed new CEO at St James's Place

13th Sep 2023 07:09

(Sharecast News) - Investment management firm St James's Place has confirmed recent rumours that it is replacing its long-running chief executive officer Andrew Croft with former Prudential boss Mark FitzPatrick.

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St James's Place profit falls amid volatile markets

27th Jul 2023 08:01

(Sharecast News) - Asset manager St James's Place on Thursday said interim profits fell amid market volatility, but still managed £3.4bn in net inflows.

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Broker tips: St James's Place, Asos, Genuit

19th May 2023 14:35

(Sharecast News) - RBC Capital Markets upgraded its stance on St James's Place to 'outperform' from 'sector perform' on Friday and lifted the price target to 1,400p from 1,390p.

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RBC Capital upgrades St James's Place to 'outperform'

19th May 2023 08:47

(Sharecast News) - RBC Capital Markets upgraded its stance on St James's Place to 'outperform' from 'sector perform' on Friday and lifted the price target to 1,400p from 1,390p.

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