St Jamess Place announces Metro platform
St. James’s Place Wealth Management is to launch a new banking service using Metro Bank as its platform.
St. James’s Place Wealth Management is to launch a new banking service using Metro Bank as its platform.
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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.
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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.
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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.
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St Jamess Place, one of the UKs largest wealth managers, has completed its acquisition of The Henley Group.
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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’.
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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.
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SJP to pull £8bn out of Invesco Perpetual as it follows Woodford to his new venture
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St James's Place is laying the groundwork in its expansion strategy to grow its presence in Asia.
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SJP will look to grow organically as assets show growth spurt.
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Lloyds Banking Group has sold its remaining stake in St James’s Place for approximately £680m netting the group a profit of roughly £105m.
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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.
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