thewealthnet

St James's Place hits another FUM record

News Team, 28/01/2021

St James’s Place has reported record fund under management (FUM) of £129.4 billion on 31 December 2020.

Inflows were flat year-on-year for 2020 as a whole, and net inflows as a proportion of FUM were down slightly: 7.1 percent compared with 9.4 percent at 2019. For the year, gross inflows of £14.33 billion were 5 percent lower than 2019.

Client sat at 96.4 percent, up from 96 percent in 2019.

Chief executive Andre Croft said he was pleased with “robust”...


Continue reading this article...


Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@thewealthnet.com