St James’s Place (SJP) saw mixed results in terms of inflows in the three months ended 31 December 2019.

Gross inflows increased marginally from £3.95 billion in Q4 2018 to £3.98 billion in 2019. However, net inflows decreased from £2.6 billion to £2.44 billion over the same period.

Funds under management did increase significantly, from £95.55 billion to £116.99 billion.

SJP’s retention rate remained consistent at 96 percent (95.9 in Q4 2018).

The firm’s number of qualified advisers also increased from 3,954 to 4,271.

Chief executive Andrew Croft said he was pleased to report a...