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...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login