FTSE 100 news / Companies and sectors / St. James's Place / 1 October 2026
St. James's Place (STJ): news on Thursday 1 October 2026
−3.7 negative
Coverage leaned negative, with the closure of a KKR managed private markets fund and cautious JPMorgan views on UK platforms. JPMorgan restarted coverage at neutral, and a former head of AI moved to W1M.
What drove it
- KKR fund closure
- JPMorgan cautious view
- executive departure
The 5 stories
- −5.8 St James’s Place to shutter KKR managed private markets fund
Closing a private markets fund with KKR is a setback for its product range. - −4.2 JP Morgan takes cautious view on UK platforms as macro risks return
Cautious broker view on UK platforms amid returning macro risks. - −3.7 J.P. Morgan favors European platforms on growth, sees UK backdrop as drag
Broker prefers European platforms and sees the UK backdrop as a drag. - −2.5 SJP's former head of AI joins W1M
Departure of its former head of AI to a rival. - +0.3 JPMorgan Restarts St. James's Place Coverage at Neutral
Coverage restarted at neutral, so a neutral stance on the shares.
St. James's Place: every day · Financial services on 1 October 2026 · FTSE 100 overview for the day