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St James’s Place

  • 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.

  • Former St James’s Place boss denied £450k bonus after tumultuous 2023

    April 8, 2024

    The board of wealth manager St James’s Place has cancelled a £456,700 bonus due to its former chief executive for 2023 after his final few months in the role saw the FTSE 100 firm in turmoil from excessive fees.

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