Wealth Management

SJP poised to re-enter FTSE 100 after share price jump

Wealth giant, which was ejected from the UK’s top index in June, has seen its share price shoot up more than 70% in the past six months

SJP chief executive Mark FitzPatrick has outlined plans to revamp the UK’s largest wealth management firm    Photo: Lionel Ng/Bloomberg via Getty Images
SJP chief executive Mark FitzPatrick has outlined plans to revamp the UK’s largest wealth management firm Photo: Lionel Ng/Bloomberg via Getty Images

St James’s Place is set to reclaim a prized spot in the FTSE 100 just six months after the wealth giant was ejected from the UK’s premier stock market index.

The Cirencester-headquartered firm, which has £184.4bn in assets, is set to rejoin Britain’s biggest listed businesses when the index is rebalanced on 4 December, according to FTSE Russell.

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