St James’s Place confirmed to leave flagship index FTSE 100 later this month

St James’s Place has fallen out of the FTSE 100, as expected given the halving of its share price over the last 12 months. 

The FTSE Russell June review, which made this quarterly decision will take effect on 24 June, pushing the UK headquartered wealth manager, with offices in the Middle East and Asia, into the FTSE 250.

Ocado Group and RS Group also leave the flagship index, replaced by housebuilder Vistry Group, LondonMetric Property and Darktrace – though the latter will soon leave the London markets, as it goes through a takeover by US private equity giant Thoma Bravo.