IN BRIEF: St James's Place assets rise amid steady net inflows in Q1

St James's Place PLC - Cirencester, England-based wealth manager - Receives GBP1.53 billion in ...

Alliance News 29 April, 2026 | 9:04AM
Email Form Facebook Twitter LinkedIn RSS

St James's Place PLC - Cirencester, England-based wealth manager - Receives GBP1.53 billion in net inflows in the first quarter of 2026, down slightly from GBP1.69 billion a year before. The net result reflects GBP5.23 billion in gross inflows, up from GBP5.14 billion a year before, and a retention rate of 95.3%, up from 95.0%. Funds under management total GBP216.94 billion on March 31, up from GBP188.59 billion a year before, though down from GBP220.01 on December 31. Net investment return is negative GBP4.60 billion in the first quarter, compared to negative GBP3.1 billion in the first quarter of 2025. North American equities remains the largest allocation of FuM at 38%, with UK equities in only fifth place at 9%.

"While macroeconomic uncertainty continues, periods like this underscore the enduring value of high-quality financial advice," comments Chief Executive Officer Mark FitzPatrick. "Our advisers provide reassurance and help clients navigate market conditions, ensuring they remain focused on their long‑term financial goals."

Current stock price: 1,197.02 pence, down 4.4% in London on Wednesday morning

12-month change: up 26%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
St James's Place PLC 1,202.50 GBX -3.99 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures