St James’s Place: How high fees hide the wealth manager’s real performance August 28, 2024 Investors who want to know how a St James’s Place fund compares to any other vehicle in the market have a problem: they just can’t do that. Traditionally, funds can be compared by taking into account the performance of their assets, minus the fees on the fund, and comparing that with other funds in their [...]
St James’s Place: UK’s largest wealth manager kicks off share buyback August 27, 2024 St James’s Place has kicked off a fresh share buyback programme as the UK's largest wealth manager looks to bounce back from a tough year.
St James’s Place takes on Vanguard, but charges 350 per cent more August 13, 2024 St James’s Place is no stranger to high fees. Britain’s largest wealth manager has been pilloried for its high costs, from its controversial exit fee (now being phased out) to the high fees on its pension funds. Now, St James’s Place has earned a new accolade and a new issue with fees. The group’s Polaris [...]
I thought you were dead: St James’s Place shocks analysts July 30, 2024 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.
St James’s Place shares soar as inflows smash expectations July 30, 2024 Shares in St James's Place soared today after it reported a bump in inflows for the first half of the year, which were well above what analysts expected.
St James’s Place calls in new finance chief from UBS as turnaround effort continues June 13, 2024 Embattled wealth manager St James’s Place has called in a new finance chief today from investment bank UBS as it continues efforts to steady the ship following a torrid year in which nearly £3bn has been wiped from its value.
FTSE 100 reshuffle: Ocado and St James’s Place out, and one surprising new entrant June 6, 2024 The FTSE 100 index has lost some well-known names but gained one unexpected addition.
St James’s Place set to plummet out of FTSE 100 May 29, 2024 St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.
St James’s Place: Why these City analysts say buy the scandal-hit stock April 30, 2024 In a first quarter trading update today, the FTSE 100 money manager reported a sharp slide in in flows to £710m, down from £2bn in the same period last year, and below market expectations of £900m.
St. James’s Place shrugs off uncertainty as wealth manager continues to pick up assets April 30, 2024 Thanks to inflows and a positive market performance during the first three months of the year the company ended the first quarter with closing funds under management of £179bn.