St. James's Place posts record assets after first-quarter inflows

Pedro Gonçalves
clock • 1 min read

St James's Place posted a 8.3% increase in funds under management to a record high of £103.5bn in the first quarter as the wealth management company attracted more investments. The British firm registered a net inflow of £2.2bn in the first quarter, marginally off £2.6bn in the same period of last year. St James's Place chief executive Andrew Croft said that the performance demonstrated the "resilience" of the wealth manager's business through the current political and macro-economic uncertainty. He said: "Whilst uncertainty will inevitably impact investor sentiment from time to time...

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