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STJ St Jamess Place News Story

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UK's St James's Place rises on payout ratio boost, funds under management rise

** Shares of St James's Place SJP.L rise 3.5% to 1,304 p, among top gainers on London's FTSE 100 .FTSE, which is up 0.8%
** British wealth manager increases shareholder payout ratio to 70% of underlying cash profit
** SJP says FY funds under management grew 16% to 220.0 billion pounds ($297.37 billion)
** Co reports net inflows of 6.2 billion pounds vs 4.3 billion pounds a year ago

** Up to Tuesday's close, stock had fallen 9.03% YTD, compared with a 8.5% YTD increase in FTSE

($1 = 0.7398 pounds)

 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com, +919920570373))

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