St James’s Place shares slide as Iran war damages inflows Investing St James’s Place saw a sharp decline in its share price during early morning trading on Wednesday, as Iran war volatility damaged inflows and funds under management. The FTSE 100 wealth manager saw shares tumble 5.2 per cent to 1,187p, with shares down 14.8 per cent this year to date. The group reported a 9.4 [...]
St James’s Place offers up rewards of its turnaround to shareholders Investing St James’s Place roused shareholder spirits on Wednesday as the leading UK wealth manager reported funds under management hitting record highs coupled with rising payouts. Funds under management jumped 16 per cent to £220bn, up from £190.2bn the prior year. Gross inflows reached £21.9bn, a 19 per cent increase from £18.4bn, while net inflows increased [...]
St James’s Places shares jump as firm reports record funds under management Business St James’s Place saw funds under management reach record highs in its latest results, as more people choose to plough money into the UK’s leading wealth manager. Funds under management jumped 16 per cent to a record £220bn, up from £190.2bn the prior year, as the group attracted new clients and kept retention rates high. [...]
FTSE 100 Live: Index hits record as HSBC, St James’s stock rally February 25, 2026 Good morning and welcome back to the City AM liveblog. There’s a number of factors weighing on global markets at the moment, and yet the FTSE 100 was able to close Tuesday’s session unscathed. It came despite President Donald Trump’s new 10 per cent tariffs coming into effect, sending some jitters across global indexes. But [...]
UK wealth managers endure share price plummet amid AI tool fears February 11, 2026 Shares in some of the UK’s largest wealth managers tumbled on Wednesday, as investors grew concerned about the potential competitive pressure from a new AI-led investment tool. Britain’s biggest wealth group, St James’s Place, suffered a 12.7 per cent drop, trading at 1,265 pence, after US-based wealth management platform Altruist launched a tool to help [...]
AI stocks to remain dominant in 2026, analysts predict December 19, 2025 Artificial intelligence is likely to remain a “dominant theme” in markets next year, analysts predict, shaking off fears of an AI crash. St James’ Place expects AI stocks to maintain investor interest in 2026, with analysts and portfolio managers bullish on the sector’s run. Valuations of top tech stocks have been rocketing up since the [...]
Why are asset managers turning away from the US? October 28, 2025 Asset managers are increasingly choosing to diversify their portfolios away from US stocks, despite Wall Street’s pronounced rally, as fears over being overexposed to secular markets grows. US markets saw a significant bounce back in recent months, shaking off the lows that followed Trump’s tariff announcement in April, with investors not yet losing their appetite [...]
Lloyds: FTSE 100 giant’s slow wealth progress sparks takeover talk October 7, 2025 Lloyds’ “slow” progress in wealth management has sparked talks of a potential takeover as the banking titan looks to beef up its offering for high net worth individuals. The FTSE 100 giant exited the area in 2013 as part of a simplification drive after the financial crisis, with the reduction of its stake in St [...]
St James’s Place: Assets slump as firm gears up for fee changes April 24, 2025 St James’s Place lost £3.3bn from weakening markets in the first quarter of 2025, despite investors continuing to pile cash into the wealth manager. The UK’s largest wealth manager reported that its assets under management fell during the quarter for the first time in years, as turmoil in the stock market impacted investments, according to [...]
Impax slashes jobs after loss of St James’s Place mandate March 5, 2025 Impax Asset Management has made 10 per cent of its employees redundant after losing a £5.1bn mandate from St James’s Place. The 30 layoffs, which Impax said should save over £11m for the firm annually, have occurred over the last six months, the company said in a stock exchange update today. Job losses resulted from [...]