SJP sees £4.5bn net inflows in first half of 2020 as FUM begins recovery

According to the firm's latest update its funds under management (FUM) were £115.7bn, as of 30 June 2020, suggesting its clients funds had almost recovered from recent market volatility. The firm's FUM had dropped from £116.99bn at the end of 2019 Q4 to £101.67bn on 31 March 2020 as the coronavirus pandemic took hold of the world's stock markets.  The firm's net inflows in the first half of 2020 were almost identical to the same period in 2019 with £4.5bn compared to the £4.4bn of last year. The story was the same for gross inflows at £7.3bn versus £7.4bn.  As a result of the "unprece...