SJP extends lead as UK's largest private asset manager

The wealth manager saw a year-on-year increase of 12.7% in assets under management (AUM) to reach a total of £58.6bn as of 31 December 2015. In second place, Coutts had £49.24bn in AUM at the end of 2015. With the firm having seen a less than 1% increase on the previous year's total of £48.77bn, however, the gap between first and second therefore widened from £3.23bn at the end of 2014 to £9.36bn 12 months later. The PAM directory shows Barclays in third place with £44.15bn in AUM, UBS Wealth Management fourth with £31.68bn and HSBC fifth with £29.42bn. Brewin Dolphin, Investec Wealth...