SJP posts record FUM; launches global growth fund
St James’s Place’s funds under management have smashed £83bn and it is to launch a growth fund, another sign that it will take more than negative headlines to dent its market share.
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PA ANALYSIS: St James’s Place – is the criticism valid?
As St James’s Place Wealth suffers another week of grim headlines about its charges and advice model, is now the time for rival IFAs and restricted advisers to win business and clients off what is arguably the market leader?
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Tidal wave of wealth transfer ‘to boost economy by £677bn a year’
Upcoming wealth transfer of £2.8trn from the older to younger generation will boost the UK economy by £677bn a year, according to research.
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Vix hits 25-year low despite political turbulence
Volatility hit a 25-year low last week despite major political events continuing to pose headwinds to the market.
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SJP unveils ‘smarter cash’ management platform
St James’s Place has partnered with London FinTech group Flagstone to offer clients a new online cash management platform.
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SJP takes £2bn net new money in Q1
St James’s Place (SJP) has reported net inflows of £1.99bn in the first quarter, bringing assets under management (AUM) to £79.84bn.
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‘Underperforming’ HL pitted against SJP
Bernstein has rated Hargreaves Lansdown (HL) shares ‘underperform’ with its current valuation of 31x forward-looking price/earnings failing to reflect a slowdown in asset flows.
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SJP shares slide as CEO Bellamy bows out
Shares in St James’s Place (SJP) were down 2.6% at 1060p Tuesday morning, following news that chief executive David Bellamy plans to step down after 26 years at the firm.
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Rowan Dartington sets up shop in Edinburgh with Tilney man
Rowan Dartington has announced former Tilney Bestinvest man Peter Roper has been hired as an investment manager and will spearhead a move into the Scottish capital.
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SJP reaches record £71bn FUM
Shares in St James’s Place jumped 3.3% to 980p during the opening minutes of trading following reports of its healthy year-on-year growth in funds under management.
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Rowan Dartington sees AUM boost ahead of ‘SJP effect’
Rowan Dartington has registered a year-to-date FUM increase of 25%, buoyed by its private client, IFA and international businesses, as well as funds from parent St James’s Place.
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Rowan Dartington expands with further regional hires
St James’s Place-owned Rowan Dartington has continued its hiring spree with the recruitment of two private client hires in Leeds and Ipswich.
