Wealth manager St James's Place has reported year-to-date net inflows are up 41% at £6.7bn compared to the same period last year, while also confirming enhancements to its fund range including a new Strategic Growth Portfolio.
In a strong set of quarterly results to the end of September 2017, the group said gross inflows were 28% higher at £3.6bn while net inflows jumped 42% to £2.4bn, compared with the same period last year. Group funds under management of £86bn are up 14% since the beginning of the year and 20% over the last 12 months. Chief executive David Bellamy (pictured) commented: "Looking ahead, whilst political and macro uncertainties persist, we are confident in the scale and quality of our relationship-based approach to the management of our clients' financial affairs. "This, together with t...
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