St James’s Place: More inflows for UK’s biggest wealth manager Investing 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 [...]
St James’s Place: Most of our funds are failing to deliver value on performance Investing In total, 30 of the 39 funds run by St James’s Place were deemed to be lagging in their performance according to the company’s latest Assessment of Value report. Asset managers are required to publish an Assessment of Value report annually by the Financial Conduct Authority, where they must assess their funds on seven different principles with [...]
I thought you were dead: St James’s Place shocks analysts ANALYSIS A scandal forced St James's Place to set aside a staggering £426m to pay out refunds to customers, leading many analysts to question whether the firm could survive the crisis. But today that narrative completely flipped.
What’s going on at St James’s Place? October 27, 2023 St James's Place has suffered a bruising couple of months — but analysts say the outlook for the firm is positive.