St James’s Place recorded funds under management of £216.9bn in Q1 2026, down from the £220bn recorded last quarter, with an annual retention rate of 95.3%.
According to a trading update today (29 April), net inflows totalled £1.5bn in the quarter, down from £1.7bn year-on-year. Gross inflows were up compared to Q1 2025, from £5.1bn to £5.2bn SJP CEO Mark FitzPatrick said: "The decline in global markets during the quarter impacted our FUM, which closed the period at £216.9bn. "While macroeconomic uncertainty continues, periods like this underscore the enduring value of high-quality financial advice. Our advisers provide reassurance and help clients navigate market conditions, ensuring they remain focused on their long term financial go...
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