St James’s Place net inflows halve as Jefferies lists stock as ‘buy’
New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030
New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030
Emerging specialist was dropped by SJP last week and has seen its AUM fall two-thirds since October
While external manager charge on the £2.9bn Emerging Markets Equity strategy has increased slightly
The Balanced Managed and Continental European funds will have lower ongoing charges
Firm issued a statement this morning after 22% voted against remuneration report at May AGM
Commentators debate the likely path ahead for monetary policy
Defers redemptions in Property Life and Property Pension funds
Changes will reduce the firm’s underlying cash result ‘over the next few years’
Mark FitzPatrick to replace Andrew Croft
Joe Wiggins returns to the firm
Hetal Mehta takes up the newly-created role
Largest underperforming fund was Baillie Gifford Global Discovery