Company
St James's Place PLC
LON:STJ
St. James's Place PLC is a financial services holding company with principal interests in the sale and marketing of wealth management products and services. The principal activity of the Company is the transaction of long-term insurance and investment business.
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FTSE 100 above 7000, FTSE 250 hits new high, but Wall Street mixed
The UK's leading index holds on to the day's gains as travel and leisure stocks gain ground
St James's Place upgraded by Deutsche Bank on hopes for five-year growth plans
The shares are trading 20% below their 10-year average rating, relative to funds under management
St James’s Place rises as it restores final dividend
The wealth manager also reported an increase in its net asset value in 2020 to 1,449p per share from 1,320p in 2019
St. James's Place hits record funds under management despite lower net inflows
The wealth manager had 4,338 qualified advisers at the end of December 2020, up from 4,271 a year earlier
St James Place's assets under management hit another record but inflows slow
Outflows than seen in the comparable quarter a year ago due to good client retention.
St James’s Place in the crosshairs as activist investor targets cost overhaul and shareholder value
In an open letter, PrimeStone Capital said the share price of the FTSE 100 wealth manager failed to reflect a doubling of client assets over the last five while also pointing to what it said was a “bloated” organisation structure, rising lo
St. James's Place holds fire on dividend despite robust second quarter
The company believes third quarter flows will be similar to the second and that momentum will build from September, accelerating in the fourth quarter
St James's Place enjoys further net inflows in May and June
“We remain encouraged by the inflows we are continuing to experience and expect June gross inflows to be similar to May,” said chief executive Andrew Croft
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FTSE 100 closes in positive territory as traders welcome UK lockdown easing
Britain's top share index closed up 75.5 points, or 1.21%, at 6,320
St. James’s Place, Cranswick and PMI data trot out on Tuesday
There are also results from Gear4Music, Naked Wines and Scapa Group
St. James's Place gets FUM up from markets and inflows
“Following record first quarter new business, we have naturally seen a reduction in new investments as the COVID-19 crisis developed,” said chief executive Andrew Croft
St. James's Place in dividend U-turn as inflows slow
In February, St James announced it was raising its final dividend by 5%.
St James Place's inflows slow after turbulent year
Gross inflows fell to £15.1bn from £15.7bn in 2019, with total new inflows 13% lower at £9bn,
St James’s Place optimistic for 2020 as quarterly fund inflows recover
“Although uncertainties remain for the UK, the Parliamentary majority following the general election in December provides for longer-term political stability”
St James's Place hit by Deutsche downgrade, M&G seen as better value
Analysts still believe that over the next five years, SJP “can deliver circa twice the market growth rate, thanks to strong adviser growth and controlled outflows”
St James Place's funds under management rise to new record
The amount managed by St James Place has risen by 18% so far this year.
Investments and investor services
FTSE 100 closes in the red as traders await first US rate cut since recession
Investors are expecting a cut of 0.25% in the benchmark short-term rate
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Lloyds to post weaker profits as PPI claims deadline looms
The day ahead includes interims from Lloyds and Taylor Wimpey along with the Federal Reserve's latest policy decision
Investments and investor services
FTSE 100 closes in positive territory, boosted by better-than-expected US March jobs figures as Brexit uncertainty continues
Mid-cap cousin FTSE 250 was also lower, shedding around 56 points at 19,507
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Lloyds and other ex-dividends to knock 11 points off FTSE 100 on quiet Thursday in the City
Away from the ex-divs, Saga, Electrocomponents and EntertainmentOne are all due to come to the market with trading updates or results
St James's Place shares fall as net inflows slow in 'challenging' year for markets
Chief executive Andrew Croft said markets posted a strong first month in 2019 following a downturn in late 2018
FTSE 100 finishes lower as global markets hit by geopolitical worries
The UK's blue chip index closed down nearly 44 points at 7,107. Meanwhile, mid-cap cousin FTSE 250 fell more than 116 at 19,513
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ITV finals take spotlight for ‘hump day’ results
Shareholders in the blue-chip broadcaster may be approaching the results with some trepidation after it expected a softer fourth quarter in a November update
St James's Place sees funds under management drop by £5bn, but net inflows hit quarterly record
The blue-chip wealth manager said its total assets were £95.5bn as at 31 December 2018, down from £100.59bn at the end of September
Investments and investor services
FTSE 10O closes in red after ECB meet; Vodafone top laggard
The UK's premier stock index finished down nearly 24 points at 6,818
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Mining updates continue to flow, with investors in Anglo American set for a deep dig
The Day Ahead also includes updates from blue-chip wealth manager St James's Place and new Wagamama owner The Restaurant Group, plus the latest European Central Bank policy meeting
St. James’s Place knocked to ‘neutral’ by Credit Suisse as market volatility expected to slow asset growth
Analysts said they believed the insurer’s current stock price was “close to fair value” given the challenging asset gathering environment as it had benefitted from the UK’s pensions freedom legislation
St. James’s Place, Standard Life Aberdeen, and Hargreaves Lansdown downgraded as Deutsche Bank turns negative on insurers
In a note, the investment bank downgraded the European insurance sector to 'Neutral' from 'Outperform', with UK insurers expected to see additional risk from Brexit and political volatility
St James's Place reports strong third quarter inflows of new client cash
The FTSE 100-listed wealth manager said it now has more than £100bn of funds under management
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Whitbread’s interims to be overshadowed by August’s £3.9bn sale of Costa coffee business to Coca-Cola
Aside from Whitbead's interim results, the day ahead will also bring updates from the likes of St James's Place, Travis Perkins, Anglo American, and Bunzl
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Third-quarter updates from Barclays, Lloyds Banking Group, and RBS all due in coming week
Aside from the banking trio, updates are also due in the week ahead from the likes of WPP, Whitbread, International Airlines Group, Ryanair, Glencore and Antofagasta
FTSE 100 journey in the red continues as it closes down around 47 points
In the currency markets, the pound is down 30% against the US dollar, while the pound is up 0.26% against the Euro..
Investments and investor services
WH Smith, Hunting and Hays to be in Thursday’s spotlight
Retailer WH Smith heads the highlights for Thursday's schedule.
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Week ahead: Restaurant Group, Hays, Petrofac, WH Smith, Hunting, Bunzl...
The week ahead will see interims from the Restaurant Group, Petrofac, Hunting and Bunzl along with full year results from Hays and a trading update from WH Smith
St James's Place sees strong new cash inflows boost its first-half operating profit, funds under management
For the six months to 30 June, the FTSE 100-listed wealth manager reported operating profit on a European embedded value basis (EEV) of £489.6mln, up 23% from £397.3mln a year earlier
Investments and investor services
FTSE 100 closes firmly lower as miners lag and attention turns to BoE rate decision
The Footsie closed Wednesday almost 96 points lower at 7,652.
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Financial sector to hold most attention as Fed rate decision looms
The Fed rate decision is expected to come and go with little drama on Wednesday, with the decision from the Bank of England on Thursday more likely to cause upheaval
Dividend and conquer! Why income investing can be a lucrative strategy
Had you bought £1,000 worth of Ashtead shares in 2008, your investment, including the (reinvested) dividends, would be worth more than £42,000 today
Deutsche Bank starts Hargreaves Lansdown with ‘hold’, prefers blue chip St James’s Place Capital
In a note to clients, designed to provide an in-depth primer on the UK retail investment market, the German bank’s analysts started Hargreaves with a share price target of 1,900p
St. James's Place sees Q1 funds under management fall, hit by weaker stock markets although net flows increase
In a trading update, the FTSE 100-listed firm said its group funds under management at the end of March were £89.9bn, down from £90.8bn at the end of December
FTSE 100 extends gains in the final sessions
Stocks consolidated gains at the death with bid stock Shire the best performing blue-chip
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Market volatility expected to give boost to London Stock Exchange revenues
Day ahead includes latest trading updates from bourses operator London Stock Exchange and blue chip wealth manager St James' Place
Investments and investor services
FTSE 100 closes higher, buoyed by hopes for City post-Brexit
FTSE 100 closed around 30 points higher at 7,398 on Minday
FTSE 100 closes firmly higher despite disappointing service sector stats
The UK bluechip-benchmark closed over 165 points higher at 7,199, while the FTSE 250 added over 311 points at 19,576
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British Airways owner IAG and rival easyJet expected to continue March airline traffic boost
The day ahead includes March traffic from blue chip airlines easyJet PLC and British Airways owner International Airlines Group PLC, plus a trading update from Electrocomponents PLC
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Topps Tiles, IAG, easyJet, Electrocomponents and US jobs in focus after Easter break
The week ahead includes interims from Topps Tiles, traffic statistics from easyJet and IAG, a trading statement from Electrocomponents and the US non-farm payrolls report
Schroders posts strong full-year results, boosted by market gains, acquisitions, fund inflows
The blue-chip fund manager reported a 23% jump in 2017 pre-tax profit to £760.2mln, up from £618.1mln and above the consensus forecast for £728.5mln