St. James’s Place shares fall as flow yield lags assets
St. James’s Place shares fell 0.54% to 1,187p by 14:01 BST, underperforming the FTSE 100’s 0.13% dip. Q1 funds under management rose 15% year-on-year to £216.94 billion, but net inflows dropped 9.5% to £1.53 billion. Shares remain nearly 25% below the 52-week high. H1 results are due July 29.