St. James's Place PLC (SJP.L)
Tue, Apr 25 2017
* Investment returns help underpin asset rise (Adds analyst quotes, share price reaction)
LONDON, April 25 British wealth manager St. James's Place plc said on Tuesday that it had taken in 2 billion pounds ($2.56 billion)in net new money during the first quarter, boosted by demand for its pension and savings products.
* To be replaced by current CFO Andrew Croft (Recasts to merge separate stories, adds detail from statement, bullet points)
* Announces that David Bellamy has decided to step down from board at end of 2017 after 26 years as an executive, the last 11 of which he has served as Chief Executive Officer
* Shares up 1 pct in flat FTSE 100 (Adds comments by CEO, analysts, share price reaction,)
LONDON, Jan 26 British wealth manager St James's Place said on Thursday total funds under management rose to 75.3 billion pounds in the fourth quarter, boosted by record net inflows across its business and strong investment gains.