Net inflows to St James’s Place more than halved in the first quarter of the year, as investors pulled a combined £360m from the wealth manager’s investments, ISA and DFM products.
St James’s Place (SJP) has reported an increase in client funds under management (FUM) to £179bn, up from £153.6bn for the three months ended 31 March 2024.
St James’s Place has hired Corinne Lord as a senior investment specialist to join its newly created CIO office, in a push to improve its investment transparency.