Welcome to our new website! Let us know what you think..

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

St. James's Place on the brink of entering the FTSE 100

St. James's Place on the brink of entering the FTSE 100

St.James’s Place (SJP) is on the verge of entering the FTSE 100 for the first time.

The financial services group is one of two companies being put forward for inclusion at the next quarterly rebalancing of the blue chip index, alongside Barratt Developments, the FTSE Group confirmed.

The final decision will be made by the FTSE EMEA Committee after the market close today. If successful, the move will be made effective after the market close on 21 March and it will begin trading on the FTSE 100 on Monday 24 March.

St. James’s Place’s, led by chief executive David Bellamy (pictured), has seen its share price surge by more than 73% over the last 12 months as the company emerged as one of the big winners from the retail distribution review. It is widely held by fund managers, including the AA-rated pair Threadneedle’s Simon Brazier and Rathbones’ Julian Chillingworth along with Franklin Templeton’s A-rated Colin Morton.

.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Julian Chillingworth
Julian Chillingworth
75/155 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 53.31%
Colin Morton
Colin Morton
87/155 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 52.01%
Simon Brazier
Simon Brazier
Your Business: Cover Star Club

Profile: why Chris Wyllie joined Connor Broadley

Profile: why Chris Wyllie joined Connor Broadley

Professional footballers are not renowned for their financial acumen, but former Millwall player James Connor is an exception to the rule

Wealth Manager on Twitter