St James's Place (SJP) welcomed £5.2bn worth of new single investments in 2011 as the wealth manager boosted total funds under management to £28.5bn, up 6% over the year.
Fund launches reached a decade low last year as groups held back new products in the face of market volatility.
Financial services group St James's Place (SJP) recorded a 13% increase in sales to £154m in the third quarter, it said today.
National IFAs have launched a recruitment drive in the run-up to the New Year by inundating firms with invites to join their businesses.
Alasdair Pal discovers how to identify and advise a specialist group of clients...
St. James's Place failed to make a profit from its distribution arm in the first half of 2011, citing the impact of the Retail Distribution Review (RDR), although group operating profit was up 13%.
After a total of 14 years with Fidelity, Peter Hicks will leave the company next month. Here's our round-up of this week's big industry movers...
St. James's Place is launching a global equity fund in a bid to diversify assets away from fund manager THS Partners.
Wealth manager St James's Place says strong sales and its "excellent" retention of existing client funds helped it negate the effects of a slow quarter in stock markets.
Lloyds Banking Group has declined to comment on fresh speculation the company is looking to sell Scottish Widows.