St James's Place
Baillie Gifford, Fundsmith, Lindsell Train named on £95bn ‘dog funds’ list
The number of equity funds that have failed to beat their benchmarks over three years has surged by 170% since August
SJP’s woes wipe £1bn off market cap: ‘The response will be brutal’
UK's biggest wealth manager faces another setback following FCA review into advice sector after Consumer Duty hit
5 min read
St James’s Place swings to a loss on £426m provision for customer refunds
Wealth manager's shares nosedive as it slashes dividend, warns of decrease in profit growth
3 min read
SJP 3.0: How Justin Onuekwusi wants to shake up the troubled wealth giant
The LGIM recruit says ‘strong client outcomes’ are the ultimate goal of his plans to revamp St James’s Place’s investment proposition and future-proof the business
8 min read
SJP adds £20bn in assets despite roller-coaster year
The UK's biggest wealth manager has lost senior staff and overhauled its fee structure over the past 12 months
3 min read
SJP pauses green fund launches until FCA’s ESG rules are clear
A responsible investment multi-asset proposition is in the works, but is unlikely to get off the ground this year, Justin Onuekwusi says
3 min read
St James’s Place defends exec pay packets after shareholder questions
Investors baulked at pandemic era share awards, but wealth giant is sticking to its guns
2 min read
St James’s Place scraps exit fees in landmark charges overhaul
SJP to phase out exit fees after discussions with regulators as Jupiter also reviews charging model; AUM fall for Ninety One
4 min read
St James’s Place pressed by regulators for more consumer duty fee cuts
Watchdogs are pushing the controversial wealth firm to go further on its changes to charges
3 min read
St James’s Place names Mark Fitzpatrick as new CEO
Fitzpatrick succeeds Andrew Croft who has been with the firm since 1993, serving in the top job since 2018
3 min read
Schroders’ £7.5bn of ‘dog fund’ assets revealed
New report names and shames a host of UK investing giants for underperformance
4 min read
St James’s Place funds hit record high on upbeat investor sentiment
The fund held onto growth in new business from the early weeks of 2021
Trading Places: New CEO at RLAM, Helena Morrissey quits St James’s Place for AJ Bell
Also this week: Bank of America's UK and Ireland chair is retiring
Helena Morrissey quits St James’s Place board for AJ Bell
The prominent City figure will step down from the SJP board after a 14-month stint
Invesco tops ‘dog funds’ list for sixth time
Bestinvest identified almost a dozen of the asset manager's funds, overseeing more than £9bn, among the biggest performance laggards
3 min read
St James’s Place pulls in £2.3bn during final quarter of ‘extraordinary year’
The strong inflows come after the wealth manager was targeted by activist investor PrimeStone Capital over pay
2 min read