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Challenging period doesn't stop FUM growth at SJP

News Team, 30/04/2024

Despite a challenging quarter, funds under management at St James’s Place (SJP) have continued to grow.

Closing funds under management in the three months to 31 March grew 6.44 percent from £168.20 billion to £179.04 billion.

This was supported by gross inflows of £3.97 billion. However, this was down marginally year-on-year from the £4.17 billion reported in Q1 2023.

Net inflows dropped 64 percent year-on-year from £2.0 billion to £0.71 billion.

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