Tatton Asset Management: Flourishing while others flounder Investing Tatton Asset Management might be a name you haven’t heard of – but it seems like you will soon. Listed on London’s junior market AIM, the fundhouse’s stock price has more than tripled over the last five years. With a skyrocketing profile, Tatton has recorded sector-leading growth. The amount of new money coming into its [...]
St James’s Place continues exec shakeup with new chief risk officer Investing St James’s Place has continued its shakeup of senior staff with a new chief risk officer as Britain’s biggest wealth manager works to rebuild credibility. Chief risk officer Mark Sutton, who had worked at the firm for the last seven years, represents the third executive to depart in just over a year. A St James’s [...]
The banality of Welby Opinion Justin Welby has failed in his constitutional duty to provide moral leadership over the John Smyth abuse scandal. He must resign, says James Price Benjamin Franklin once joked that the only difference between Anglicanism and Catholicism was that: “the Church of Rome is infallible, whilst the Church of England is never in the wrong”. Revelations [...]
Watch the US election all night long at these five London bars November 5, 2024 It’s the most stressful a US election has felt in London in a long time, as Trump looms over a potential second term in office. City traders are holding off on betting on the dollar while one senior UK politician told City AM we must unite behind the outcome whichever way it swings. But until [...]
Is London’s AIM set to thrive after the Budget? October 31, 2024 London’s AIM was dealt a smaller blow than expected in the Budget yesterday, with a half levy applied to its inheritance tax exemption, rather than the full 40 per cent expected by markets. The reaction was immediately positive from markets, with the FTSE AIM 100 index jumping more than four per cent in the minutes [...]
St James’s Place: More changes in mandates to come, CIO says October 25, 2024 There will continue to be a significant shake-up in who manages some of the biggest funds at the UK's largest wealth manager, the chief investment officer of St James's Place has told City AM.
St James’s Place ditches manager of lagging £9.9bn fund October 22, 2024 St James’s Place has ditched one of the managers of a struggling £9.9bn fund as Britain’s biggest wealth manager looks to recover from a troubling year and deliver more value for its customers. Impax, which has co-managed St James’s Place Global Quality Unit Trust since 2021 alongside five other investment houses, has been dropped by [...]
St James’s Place: Analysts back UK’s largest wealth manager October 18, 2024 By the end of the quarter, funds under management had swelled to £184.4bn, up from £181.9bn the quarter before and also ahead of consensus.
St James’s Place: More inflows for UK’s biggest wealth manager October 17, 2024 St James’s Place recorded net inflows of £890m over the three months to 30 September, continuing the strong pace of inflows that Britain’s biggest wealth manager has enjoyed over 2024. The company’s retention rate stayed at 94.6 per cent, though the wealth manager has yet to finish axing its controversial exit fees. Gross inflows were [...]
The Capitalist: Tory Conference; sex in the City; matters of quizness October 3, 2024 Dispatches from Tory Party Conference, recruitment turns steamy and more: catch up on the latest City gossip in The Capitalist.