Half Year 2019 St. James's Place PLC Earnings Call Transcript
'-&
Should we get started? So good morning, everyone, and welcome to our interim results presentation. Adopting our usual format at the half year, I will cover the fund flows, hand over to Craig to run through the financials. I will then finish up on other developments and outlook. We'll follow this with a Q&A.
There are also a number of my executive team and non-execs here this morning. Please do look them up over coffee at the end.
So the first 6 months. It's fair to say that we have witnessed a period of unprecedented political uncertainty in the U.K., coupled with uncertain macroeconomic environment together with a strange trade relationship between the U.S. and China. So unsurprisingly, this is not a perfect environment for wealth management business. But despite this backdrop, I am, however, pleased to report a solid set of results, once again demonstrating the resilience of the business.
New gross inflows for the 6 months was GBP 7.4 billion, some 7% lower than the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
