St James's Place may be demoted from FTSE 100 to FTSE 250 due to share drop and regulatory scrutiny.
St James's Place (SJP) may be demoted from the FTSE 100 to the FTSE 250 in an upcoming reshuffle, according to FTSE Russell's indicative quarterly review. The potential move follows a 26.5% drop in SJP's shares in the year to date, and scrutiny from UK regulators regarding its fee structure. The company has pledged to remove charges for early client withdrawals from the second half of 2025.
May 29, 2024
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