St James's Place is 'in great shape'

THE chief executive of wealth manager St James's Place yesterday said the company was in "great shape" as it reported strong fund sales in the first half of the year.

David Bellamy said the firm, which has three offices in Scotland and is majority owned by Lloyds, saw new business rise to 335.6 million from 292.6m a year earlier. Shareholders will see their interim dividend increased by 58 per cent to 3.2p.

Related topics: