SJP attracts £3.4bn net inflows despite declining profits
Group FUM hit a record £157.5bn over six months
Group FUM hit a record £157.5bn over six months
|
|
Changes signal a more global, multi-manager approach
|
|
Discretionary fund management saw £430m of new money
|
|
Acquisition takes its assets under management to more than £650m
|
|
He starts in October and will report to director of investments Tom Beal
|
|
Net inflows of £9.8bn only topped by the £11bn recorded in 2021
|
|
Deal sees Tweed’s assets under management exceed £435m
|
|
CEO’s comments come despite 75% drop in inflows and many funds lagging their benchmarks
|
|
It hopes to complete a ‘series of deals’ in the coming months
|
|
Previous ‘pawful’ performers from Invesco and SJP redeem themselves in latest edition of Spot the Dog
|
|
But St James’s Place net inflows of £5.5bn match record level achieved in H1 2021
|
|
Twice in the past year, three funds have been merged in light of performance issues highlighted in its value assessments
|
|