St Jamess Place in profile
St James’s Place’s acquisition of The Henley Group in Asia earlier this year marked a significant step for the formerly UK-centric wealth manager.
St James’s Place’s acquisition of The Henley Group in Asia earlier this year marked a significant step for the formerly UK-centric wealth manager.
Neil Woodford has been granted flexibility to invest up to a quarter of his £1.4bn St James’s Place UK High Income Fund in non-UK equities following an EGM of unit holders.
St James’s Place has seen a 20% year on year growth in new business over the first six months of 2014, despite losing nearly 10% in profit due to regulatory changes.
St Jamess Place, one of the UKs largest wealth managers, has completed its acquisition of The Henley Group.
St James’s Place’s Chris Ralph explains why soft-closing funds is more than just a sensible thing to do but one of his firm’s ‘fiduciary responsibilities’.
The predicted post-RDR merger boom within the UK wealth manager market has not quite materialised but, judging by recent activity, the big players have their eyes set on international expansion.
SJP to pull £8bn out of Invesco Perpetual as it follows Woodford to his new venture
St James's Place is laying the groundwork in its expansion strategy to grow its presence in Asia.
SJP will look to grow organically as assets show growth spurt.
Lloyds Banking Group has sold its remaining stake in St James’s Place for approximately £680m netting the group a profit of roughly £105m.
Shares in St James’s Place have become the fifth most popular stock to buy among UK equity fund managers in the past month, compared with a position of 14th over the past year, as the wealth manager goes from strength to strength.
St James’s Place (SJP) could consistently see 25% earnings per share growth for the next three quarters as it profits from being one of the ‘winners of RDR’, according to Richard Watts, manager of the Old Mutual UK Mid Cap Fund.