The UK's largest wealth manager St. James's Place plc (SJP) has reported funds under management of £100.6 billion in its results for the nine months to the end of September, up from £85.7 billion for the same period last year.

This represents an 11 percent rise since the beginning of 2018 and a 17 percent rise in the past 12 months.

The firm reported a 15 percent increase in net inflow of funds of £7.68 billion for the nine months ended 30 September, from £6.6 billion in 2017.

Its gross inflow of funds increased by 12 percent to £11.75 billion, compared with £10.46 billion in 2017...