Make your money go further for just 25p per day

St James’s Place: how long can the high fees continue?

St James's Place plaque on door

On an annualised basis, total fee and commission income hit 2.3% of funds under management at St James’s Place in the six months to June 2019. That looks incredibly steep. But continued rapid inflows shows that investors are still happy to pay. How long can this continue?


Funds under management rose 13% to a record £109bn in the first six months of 2019 at St James’s Place (LON: STJ). Not a bad result in a period where investors have been reportedly fleeing actively managed funds in favour of lower risk bonds and lower price passive strategies. Net fund inflows might have been less than the previous year, but at £4.4bn were still nothing to be scorned.

Management has attributed the success to ongoing…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Hargreaves Lansdown

Episode 32 of the Investor’s Champion Podcast

07/09/2024 · Podcasts

This episode of the Investor’s Champion Podcast includes a discussion of changes to the Income Boosters Portfolio…


Income Boosters: takeovers, 7% yield, Portfolio sale

04/09/2024 · Portfolio

August brought news of a takeover bid for a stock we added to the Income Boosters…


More on St James's Place

Episode 29 of the Investor’s Champion Podcast

04/08/2024 · Podcasts

In this episode of the Investors Champion Podcast, hosts Chris and Lee discuss a variety of…


Episode 16 of the Investor’s Champion Podcast

04/05/2024 · Podcasts

In this episode of the Investor’s Champion Podcast Chris and Lee run through key news from…


More Company Insights

Bonkers Bargain: equity raise to support growth

09/10/2024 · IXICO PLC

Sign-up to our free email updates

SIGN UP