St. James's Place PLC (SJP.L)
22 Feb 2019
Thu, Jan 24 2019
LONDON British wealth manager St James's Place beat forecasts for net inflows of client cash in a tough fourth quarter for global markets, sending its shares higher.
* Shares up 1.7 pct, among top FTSE 100 gainers (Recasts, adds share reaction)
LONDON, Jan 24 British wealth manager St James's Place on Thursday posted a fall in assets of 5 billion pounds ($6.53 billion) in the fourth quarter on the back of weaker market returns.
LONDON A slowdown in quarterly growth at British wealth manager St James's Place took the shine off a 4.1 percent rise in total funds under management to a fresh record, sending its shares lower on Tuesday.
* Shares down 4 pct, biggest FTSE 100 faller (Recasts, adds detail from statement, analyst quote, share reaction)
LONDON, Oct 23 British wealth manager St. James's Place on Tuesday posted a 4.1 percent rise in quarterly funds under management, boosted by net inflows of client cash and market gains.