SJP assets near £40bn as sales rise 31%

In the three months to 31 March total new investments of £1.6bn were recorded, an increase of 28%. Total new business on an annual premium equivalent basis was £199.2m, up 31%. It reported net inflows of £947m (2012: £698m) and continued 95% retention of existing client funds. Total funds under management of £39bn, represented an increase of £4.2bn in the three month period, up 12% year to date and 26% over the last 12 months. David Bellamy, chief executive, (pictured) said: "Net inflows for the first three months of the year are up 36% reflecting the consistency of our year on year ...