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”...