St James's Place co-founder Jacob Rothschild dies aged 87

Alongside Mark Weinberg and Mike Wilson, Rothschild co-founded J. Rothschild Assurance Group in 1991, which would become known as St James's Place Capital, following a reverse takeover in 1997. Rothschild served as chair of RIT Capital Partners from the investment trust's inception to 2019, when he stepped back from the board and took on a role as honorary president. In a statement to the PA news agency, Rothschild's family said: "Our father Jacob was a towering presence in many peoples' lives - a superbly accomplished financier, a champion of the arts and culture, a devoted public se...