Share Prices & Company Research

Market News

23 Jun 2020 | 07:03

May net inflows fall slightly at St James's Place

(Sharecast News) - Net inflows at wealth manager St James's Place fell to £0.67bn in May amid market volatility caused by the coronavirus. The figured compared with £0.73bn a year earlier. Funds under management benefited from positive net inflows and the continuing recovery of world stock markets to end the month at £112.6bn, the company said on Tuesday.

"We remain encouraged by the inflows we are continuing to experience and expect June gross inflows to be similar to May, though the short to medium-term impact of COVID-19 and economic volatility on our flows remains uncertain," said chief executive Andrew Croft.
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.