St James's Place reports net inflows down 11% in 'second best year'

clock • 2 min read

St James's Place (SJP) reports net inflows down 11% in 2022, which it described as its "second best year". SJP has reported net inflows fell 11% last year, though 2022 still marked the second best year in its history for new business flows. Net inflows were £9.78bn last year, down from £11.04bn in 2021. Advisers attracted £3.87bn of new client investments during the final quarter. Retention of client investments, together with new client investments, resulted in net inflows of £2.05 billion for the quarter. Gross inflows for the full year totalled £17.03bn.  SJP chief exec...

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