Sector newsflow - fallout from SJP problems, BREIT flows, ESG data market We update on the latest regulatory issues at St James''s Place (also in our standalone note) and what the implications for the broader wealth sector could be. We also highlight BREIT fulfilling all redemption requests for February and how KKR was not added to the SandP 500 index this time around (but we think remains on the cards). We also compare growth of the 3 largest ESG data providers in Q4 - showing a continued slowdown in growth across the board. Previews - nearing end of FY reporting season, positive on Antin given recent pullback Tikehau, Quilter, Antin and Eurazeo report this week. We see most upside at Antin; most alternative asset managers have been giving positive outlook messaging (e.g. deployment, exits, fundraising). The stock continues to trade at an attractive valuation (~12x EV/NOPAT CY24E) and a discount to peers despite being in the structurally attractive infrastructure part of private markets. Listed asset manager flows - growing outflows in mutual funds Amundi saw EUR1.8bn of outflows in mutual funds in February. abrdn now has outflows at GBP0.9bn, Schroders at -GBP0.5bn, DWS -EUR0.3bn and Ashmore at -USD0.2bn. Flows are roughly flat at Jupiter and Man Group. ETF flows are strong in Europe with +EUR2.3bn at Amundi (+13% annualised flow rate) and +EUR3.2bn at DWS (18%), but momentum is more subdued at iShares at +USD12bn or a 4% net flow rate. We note AHL had a strong month in February (+4-5%) and we are now significantly ahead of consensus on 2024 EPS. Exchanges volumes - good equities volumes amid results season European cash equities volumes were strong towards the end of last week on the back of a busy results calendar. However, ADV for February remains 8% lower y/y and still in sharp contrast to the US (+23% y/y). We also note that equity index derivatives volumes are subdued at Eurex, down 20%. The normalisation of client trading volumes at LCH is...