Wealth manager St. James's Place (SJP) has said the secret to its ever rising assets is a client base who are staying invested later in life, as it reported funds under management (FUM) rose 22% in the last 12 months.
The firm said it now holds £55.8bn in client funds, up from £45.8bn last year. SJP said FUM is already up 7% since the start of the year, with net inflows 9% higher at £1.3bn. Chief executive David...
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