Picture of St Jamess Place logo

STJ St Jamess Place News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsAdventurousLarge CapNeutral

UK's St James's Place falls after weak Q4 flows outlook

** Shares of St James's Place SJP.L down 4% at 1,299p, top loser on FTSE 100 .FTSE

** British fund manager says Q4 flows may be weaker than Q3 due to uncertain consumer environment and lack of clarity on the autumn government budget

** "We would expect consensus to increase marginally on better flows and investment performance, but the budget will likely introduce caution to share price moves" - Jefferies

** Q3 net inflows 1.76 billion pounds ($2.36 billion), up from 890 million pounds last year

** YTD, SJP up about 49.71%

     ($1 = 0.7451 pounds)

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))

Recent news on St Jamess Place

See all news