St. James’s Place Wealth Management (SJP) is a FTSE 250 company with £30.9bn of client funds under management. Through a dedicated network of advisers, the partnership, they offer face-to-face wealth management advice, which is tailored to meet individual circumstances.
Investors in Excellence is a customer of SJP and we are delighted to share the weekly market update which we find most valuable.
Beijing not Moscow – Read the full weekly update here
‘It will hurt you more than it will hurt us’ was the tenor of much of the reaction from Western powers and markets to Russia’s stealthy intervention in Crimea and designs on Ukraine. European Central Bank (ECB) president Mario Draghi declared the eurozone an “island of stability” and its recovery would remain in place despite the crisis to the east. And, as the European Union pledged an €11 billion aid package for Kiev, Draghi warned that an escalation of events would have a severe impact, primarily on the Russian economy. Of course, the other place that will suffer is Ukraine, which ousted President Viktor Yanukovych partly in response to the mess in which his government mired the nation’s shrinking economy. Other former Warsaw Pact nations now look to…
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