The fund held onto growth in new business from the early weeks of 2021

Funds under management at City wealth manager St James’s Place rose to a record high in the first three months of 2021, as investor sentiment benefited from the UK’s progressing vaccination rollout.

The firm reported £135.4bn in funds under management in the first quarter, up from £101.7bn in the same period a year earlier.

St James’s Place funds hit record high on upbeat investor sentiment

St James’s Place funds hit record high as investor sentiment improves

Emily Nicolle

St James's Place

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The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

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Musk Draws First Blood With Spending Bill Bombshell 

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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