1. Activist Primestone Capital Calls for Cost Overhaul at St James's Place

    Activist Primestone Capital Calls for Cost Overhaul at St James's Place

    Matt Hancock defends refusal to climb down on free school meals Felicity Huffman completes her sentence for exam cheating scandal By Simon Jessop LONDON (Reuters) - Activist investor Primestone Capital on Monday wrote an open letter to the board of British wealth manager St James's Place calling for a broad overhaul of the company's cost base to improve shareholder returns...

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    1. SJP has delivered tremendous value for clients, advisers, employees and management … but not so much for shareholders over the last five years.
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