
Shares of St James's Place, the UK's largest wealth manager, have plummeted more than 32%, reaching their lowest level in 11 years, amid investor backlash over fee conduct. This significant drop has attracted attention from various investors, including Lind Invest (Henrik Lind family office), which has built a 3.39% stake, and a Danish tycoon's investment firm, which has acquired a stake worth almost £100 million in the company. Meanwhile, in a separate but notable financial scandal, British hedge fund trader Anthony Patterson has pleaded guilty to helping defraud the Danish tax authorities of approximately 8.4 billion Danish crowns ($1.2 billion) in a massive tax fraud case known as the "cum-ex" scandal. Patterson, who was hired by Sanjay Shah, has been sentenced to 8 years in prison.
British trader gets 8 years in prison over Danish tax fraud https://t.co/Vr7mkTpNu1 https://t.co/44WBGJhd30
A hedge fund trader is jailed for eight years for helping to defraud Denmark's treasury of about 8.4 billion kroner ($1.2 billion) https://t.co/Hl5nLMrJZt
St. James's Place $SJP: Lind Invest (Henrik Lind family office) built 3.39% stake following post-results crash https://t.co/0BOe6f8OwC https://t.co/DMKsgYCHUb






