Wealth and Asset Management
‘I spent too long trying to understand SJP’s fees’: Investor backs overhaul
Merchants Trust fund managers Simon Gergel and Richard Knight are standing by beleaguered St James’s Place (SJP) as they believe the wealth manager’s ‘dramatic’ fee overhaul will ‘smooth’ the business and grow earnings. Shares in SJP have halved since late July when half-year results revealed the £859m impact of capping…
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