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 [...]
St James’s Place: How high fees hide the wealth manager’s real performance Investing 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 takes on Vanguard, but charges 350 per cent more Investing 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 brings in £5.1bn of new money as funds swell by £20bn January 25, 2024 This growth largely came from its pensions arm, which swelled by over £6bn in the final quarter of the year, compared to £1.6bn in its investment arm and £1bn in its discretionary fund management wing.